Call reports 2024
CITIZENS BANK, NATIONAL ASSOCIATION — 2024
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 220,152,480,000 | 219,634,049,000 | 219,536,218,000 | 217,178,887,000 |
| Total loans | 143,992,207,000 | 142,808,840,000 | 142,563,364,000 | 140,207,536,000 |
| Allowance for loan losses | 2,086,272,000 | 2,125,081,000 | 2,078,825,000 | 2,061,147,000 |
| Securities available for sale | 31,186,589,000 | 31,938,107,000 | 32,834,570,000 | 32,764,804,000 |
| Securities held to maturity | 9,054,064,000 | 8,894,759,000 | 8,737,604,000 | 8,598,508,000 |
| Trading assets | 410,268,000 | 402,626,000 | 584,937,000 | 577,329,000 |
| Total deposits | 179,546,613,000 | 180,066,467,000 | 178,987,867,000 | 178,001,267,000 |
| Interest-bearing deposits | 139,266,278,000 | 138,844,192,000 | 138,619,184,000 | 137,246,566,000 |
| Noninterest-bearing deposits | 40,280,335,000 | 41,222,275,000 | 40,368,683,000 | 40,754,701,000 |
| Equity capital | 22,966,800,000 | 23,171,702,000 | 24,688,035,000 | 24,388,980,000 |
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 | 2,608,186,000 | 5,183,021,000 | 7,721,637,000 | 10,182,956,000 |
| Interest expense | 1,145,128,000 | 2,283,364,000 | 3,417,681,000 | 4,428,277,000 |
| Net interest income | 1,463,058,000 | 2,899,657,000 | 4,303,956,000 | 5,754,679,000 |
| Noninterest income | 434,203,000 | 904,837,000 | 1,361,762,000 | 1,875,209,000 |
| Noninterest expense | 1,297,280,000 | 2,529,939,000 | 3,728,468,000 | 5,013,427,000 |
| Provision for loan losses | 169,093,000 | 392,179,000 | 537,957,000 | 709,337,000 |
| Pretax income | 433,740,000 | 926,289,000 | 1,426,137,000 | 1,947,153,000 |
| Income tax | 95,797,000 | 187,129,000 | 279,917,000 | 382,962,000 |
| Net income | 337,943,000 | 739,160,000 | 1,146,220,000 | 1,564,191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,407,602,000 | 19,596,228,000 | 19,908,069,000 | 20,249,560,000 |
| Total capital | 22,574,014,000 | 22,752,070,000 | 23,035,465,000 | 23,361,958,000 |
| Risk-weighted assets | 169,589,120,000 | 167,725,606,000 | 167,876,198,000 | 164,986,478,000 |