Call reports 2020
CITIZENS BANK, THE — 2020
What CITIZENS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 94,452,000 | 112,034,000 | 114,717,000 | 113,650,000 |
| Total loans | 41,414,000 | 45,225,000 | 44,518,000 | 44,296,000 |
| Allowance for loan losses | 522,000 | 568,000 | 545,000 | 548,000 |
| Securities available for sale | 40,970,000 | 42,746,000 | 47,329,000 | 52,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,490,000 | 93,801,000 | 96,271,000 | 98,712,000 |
| Interest-bearing deposits | 60,572,000 | 73,682,000 | 75,274,000 | 77,433,000 |
| Noninterest-bearing deposits | 16,918,000 | 20,119,000 | 20,997,000 | 21,279,000 |
| Equity capital | 13,878,000 | 14,957,000 | 15,158,000 | 14,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 859,000 | 1,753,000 | 2,569,000 | 3,324,000 |
| Interest expense | 199,000 | 404,000 | 596,000 | 778,000 |
| Net interest income | 660,000 | 1,349,000 | 1,973,000 | 2,546,000 |
| Noninterest income | 46,000 | 78,000 | 113,000 | 146,000 |
| Noninterest expense | 347,000 | 718,000 | 1,083,000 | 1,570,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 75,000 |
| Pretax income | 359,000 | 635,000 | 930,000 | 1,049,000 |
| Income tax | 18,000 | 124,000 | 195,000 | 217,000 |
| Net income | 341,000 | 511,000 | 735,000 | 832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,686,000 | 13,856,000 | 14,080,000 | 13,436,000 |
| Total capital | 14,208,000 | 14,424,000 | 14,625,000 | 13,984,000 |
| Risk-weighted assets | 50,955,000 | 55,092,000 | 55,509,000 | 55,769,000 |