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 | 114,761,000 | 116,554,000 | 120,441,000 | 121,847,000 |
| Total loans | 38,311,000 | 40,378,000 | 39,471,000 | 38,673,000 |
| Allowance for loan losses | 556,000 | 569,000 | 561,000 | 580,000 |
| Securities available for sale | 60,158,000 | 59,540,000 | 62,155,000 | 61,540,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,636,000 | 105,981,000 | 108,024,000 | 111,736,000 |
| Interest-bearing deposits | 76,644,000 | 77,209,000 | 80,305,000 | 79,938,000 |
| Noninterest-bearing deposits | 27,992,000 | 28,772,000 | 27,719,000 | 31,798,000 |
| Equity capital | 9,734,000 | 10,153,000 | 11,951,000 | 9,632,000 |
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 | 1,206,000 | 2,466,000 | 3,797,000 | 5,142,000 |
| Interest expense | 385,000 | 808,000 | 1,282,000 | 1,781,000 |
| Net interest income | 821,000 | 1,658,000 | 2,515,000 | 3,361,000 |
| Noninterest income | 52,000 | 102,000 | 147,000 | 191,000 |
| Noninterest expense | 450,000 | 929,000 | 1,392,000 | 2,056,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 36,000 |
| Pretax income | 423,000 | 821,000 | 1,260,000 | 1,460,000 |
| Income tax | 42,000 | 134,000 | 212,000 | 277,000 |
| Net income | 381,000 | 687,000 | 1,048,000 | 1,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,696,000 | 15,003,000 | 15,363,000 | 14,725,000 |
| Total capital | 15,252,000 | 15,572,000 | 15,924,000 | 15,305,000 |
| Risk-weighted assets | 57,544,000 | 59,503,000 | 58,675,000 | 60,382,000 |