Call reports 2014
CITIZENS BANK, THE — 2014
What CITIZENS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 100,471,000 | 100,754,000 | 98,135,000 | 100,027,000 |
| Total loans | 46,038,000 | 47,063,000 | 46,006,000 | 46,234,000 |
| Allowance for loan losses | 476,000 | 488,000 | 475,000 | 507,000 |
| Securities available for sale | 40,424,000 | 41,003,000 | 40,341,000 | 41,693,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,218,000 | 83,803,000 | 80,807,000 | 82,857,000 |
| Interest-bearing deposits | 68,081,000 | 67,809,000 | 53,325,000 | 64,417,000 |
| Noninterest-bearing deposits | 16,137,000 | 15,994,000 | 27,482,000 | 18,440,000 |
| Equity capital | 11,609,000 | 12,267,000 | 12,627,000 | 12,305,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 912,000 | 1,845,000 | 2,791,000 | 3,710,000 |
| Interest expense | 171,000 | 338,000 | 502,000 | 664,000 |
| Net interest income | 741,000 | 1,507,000 | 2,289,000 | 3,046,000 |
| Noninterest income | 59,000 | 113,000 | 164,000 | 214,000 |
| Noninterest expense | 357,000 | 707,000 | 1,057,000 | 1,567,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 30,000 |
| Pretax income | 443,000 | 913,000 | 1,381,000 | 1,663,000 |
| Income tax | 93,000 | 175,000 | 269,000 | 442,000 |
| Net income | 350,000 | 738,000 | 1,112,000 | 1,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,384,000 | 11,773,000 | 12,147,000 | 11,610,000 |
| Total capital | 11,860,000 | 12,261,000 | 12,622,000 | 12,117,000 |
| Risk-weighted assets | 55,344,000 | 55,994,000 | 54,465,000 | 55,063,000 |