Call reports 2024
CITIZENS BANK, THE — 2024
What CITIZENS BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 814,760,000 | 806,698,000 | 842,021,000 | 792,010,000 |
| Total loans | 295,744,000 | 298,549,000 | 302,726,000 | 309,465,000 |
| Allowance for loan losses | 3,632,000 | 3,623,000 | 3,771,000 | 3,845,000 |
| Securities available for sale | 265,427,000 | 264,373,000 | 306,280,000 | 289,653,000 |
| Securities held to maturity | 100,236,000 | 97,335,000 | 87,295,000 | 89,539,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 691,847,000 | 692,386,000 | 691,376,000 | 706,077,000 |
| Interest-bearing deposits | 472,451,000 | 467,372,000 | 458,927,000 | 478,922,000 |
| Noninterest-bearing deposits | 219,396,000 | 225,014,000 | 232,449,000 | 227,155,000 |
| Equity capital | 24,410,000 | 24,944,000 | 35,839,000 | 27,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,419,000 | 17,020,000 | 25,891,000 | 34,819,000 |
| Interest expense | 2,369,000 | 4,701,000 | 7,091,000 | 9,072,000 |
| Net interest income | 6,050,000 | 12,319,000 | 18,800,000 | 25,747,000 |
| Noninterest income | 1,299,000 | 2,702,000 | 4,173,000 | 5,567,000 |
| Noninterest expense | 3,762,000 | 7,583,000 | 11,316,000 | 15,543,000 |
| Provision for loan losses | 1,000 | 23,000 | 192,000 | 281,000 |
| Pretax income | 3,586,000 | 7,418,000 | 11,497,000 | 7,976,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,586,000 | 7,418,000 | 11,497,000 | 7,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,062,000 | 76,794,000 | 77,073,000 | 72,900,000 |
| Total capital | 80,066,000 | 80,787,000 | 81,185,000 | 77,296,000 |
| Risk-weighted assets | 397,672,000 | 388,160,000 | 396,332,000 | 416,172,000 |