Call reports 2023
CITIZENS BANK, NATIONAL ASSOCIATION — 2023
What CITIZENS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 221,955,033,000 | 222,753,420,000 | 224,955,587,000 | 221,750,244,000 |
| Total loans | 156,701,771,000 | 152,946,608,000 | 150,864,989,000 | 146,993,725,000 |
| Allowance for loan losses | 2,016,952,000 | 2,044,136,000 | 2,080,168,000 | 2,097,987,000 |
| Securities available for sale | 23,844,717,000 | 24,754,549,000 | 25,068,662,000 | 29,777,316,000 |
| Securities held to maturity | 9,676,882,000 | 9,520,026,000 | 9,319,510,000 | 9,184,312,000 |
| Trading assets | 560,220,000 | 726,938,000 | 503,490,000 | 478,821,000 |
| Total deposits | 174,680,451,000 | 180,714,166,000 | 181,499,092,000 | 180,781,726,000 |
| Interest-bearing deposits | 129,183,240,000 | 136,778,545,000 | 139,070,717,000 | 139,677,258,000 |
| Noninterest-bearing deposits | 45,497,211,000 | 43,935,621,000 | 42,428,375,000 | 41,104,468,000 |
| Equity capital | 23,954,688,000 | 22,856,559,000 | 21,898,774,000 | 23,288,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,401,393,000 | 4,934,084,000 | 7,528,723,000 | 10,202,935,000 |
| Interest expense | 737,317,000 | 1,659,441,000 | 2,709,953,000 | 3,875,822,000 |
| Net interest income | 1,664,076,000 | 3,274,643,000 | 4,818,770,000 | 6,327,113,000 |
| Noninterest income | 426,863,000 | 875,133,000 | 1,338,291,000 | 1,779,350,000 |
| Noninterest expense | 1,230,287,000 | 2,482,573,000 | 3,721,227,000 | 5,288,221,000 |
| Provision for loan losses | 167,200,000 | 346,859,000 | 536,155,000 | 724,241,000 |
| Pretax income | 697,811,000 | 1,336,242,000 | 1,938,760,000 | 2,159,655,000 |
| Income tax | 159,682,000 | 300,653,000 | 430,951,000 | 447,976,000 |
| Net income | 538,129,000 | 1,035,589,000 | 1,507,809,000 | 1,711,679,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,232,597,000 | 19,761,266,000 | 19,490,175,000 | 19,410,992,000 |
| Total capital | 23,264,946,000 | 22,808,443,000 | 22,534,976,000 | 22,453,475,000 |
| Risk-weighted assets | 182,794,117,000 | 178,472,866,000 | 175,865,358,000 | 172,093,695,000 |