Citizens Bank Annual Report

We maintain the complete database with all recent information about Citizens Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All Citizens Bank data is relevant for April 2024.

4.1

Address

One Citizens Plaza Providence, RI 02903

FDIC Certificate ID

57957

Bank Charter Class

National Bank

Financial report Citizens Bank

Quarterly

Annually

Change dates

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005

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2021
2020
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2012
2011
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2021
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2018
2017
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2015
2014
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2012
2011
2010
2009
2008
2007
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2005

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
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Hide dates

All values USD, Dollar figures in thousands

Updated June 30, 2022

Item

2022

2021

2020

2019

2018

Trends

Assets and Liabilities

Total assets

226,531,535

188,069,637

183,365,970

165,742,416

129,426,633

Cash & Balances due from depository institutions

7,022,341

9,475,846

13,173,249

3,767,569

4,318,567

Cash items in process of collection

1,321,787

1,118,478

1,090,667

1,229,063

1,031,920

Collection in domestic offices

606,584

562,398

510,696

582,514

535,170

Currency and coin in domestic offices

715,203

556,080

579,971

646,549

496,750

Balances due from depository institutions in U.S.

510,979

178,752

164,459

134,343

135,459

Balances due from foreign banks

215,218

234,070

247,905

352,150

157,757

Balances due from FRB

4,974,357

7,944,546

11,670,218

2,052,013

2,993,431

Total securities *

34,636,438

28,403,594

26,242,184

23,860,679

12,979,263

U.S. Government securities

32,417,163

25,955,255

24,857,922

23,146,296

12,731,408

U.S. Treasury securities

3,407,384

10,675

10,729

70,678

23,983

U.S. Government agency obligations

29,009,779

25,944,580

24,847,193

23,075,618

12,707,425

Securities issued by states & political subdivisions

3,372

2,263

3,217

4,574

N/A

Other domestic debt securities

2,108,179

2,351,554

1,315,773

663,523

196,344

Privately issued residential mortgage-backed securities

N/A

212,245

422,404

662,095

194,378

Asset backed securities

646,542

738,299

893,369

1,428

1,966

Structured financial products - Total

1,200,554

1,208,071

N/A

Other domestic debt securities - All other

N/A

Foreign debt securities

N/A

Equity securities not held for trading

107,724

94,522

65,272

46,286

51,511

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

N/A

Net loans and leases

157,689,744

129,872,740

125,638,241

121,020,392

98,699,167

Loan and leases loss allowance**

1,963,749

1,758,391

2,442,978

1,251,717

1,059,624

Total loans and leases

159,653,493

131,631,131

128,081,219

122,272,109

99,758,791

Unearned income

N/A

Loans and leases, gross

159,653,493

131,631,131

128,081,219

122,272,109

99,758,791

All real estate loans

75,473,965

53,965,290

53,656,416

51,874,551

41,085,692

Real estate loans in domestic offices

75,473,965

53,965,290

53,656,416

51,874,551

41,085,692

Construction and development loans

5,196,865

4,688,212

4,555,768

3,522,169

2,839,772

Residential 1-4 family construction

1,003,711

747,273

499,891

433,624

480,854

Other construction, all land development and other land

4,193,154

3,940,939

4,055,877

3,088,545

2,358,918

Secured by nonfarm nonresidential properties

19,040,304

11,502,173

12,268,769

12,445,344

9,489,118

Nonfarm nonresidential secured by owner-occupied properties

5,369,762

4,023,209

4,637,946

5,086,401

4,423,686

Commercial real estate other non-farm non-residential

13,670,542

7,478,964

7,630,823

7,358,943

5,065,432

Multifamily residential real estate

8,508,353

924,348

1,056,726

1,161,904

646,640

1-4 family residential loans

42,728,443

36,850,557

35,775,153

34,745,134

28,110,162

Farmland loans

N/A

Loans held in foreign offices

N/A

Farm loans

N/A

Commercial and industrial loans

47,034,740

41,227,932

39,866,643

36,533,273

30,270,147

Loans to individuals

31,610,004

31,590,168

29,061,320

27,541,728

22,315,071

Credit card loans

1,818,882

1,589,837

1,611,998

1,826,368

1,686,480

Related Plans

868,729

646,652

156,696

177,250

122,379

Consumer Loans - Auto

12,626,226

13,254,618

10,851,800

10,696,962

10,117,488

Other loans to individuals

16,296,167

16,099,061

16,440,826

14,841,148

10,388,724

All other loans & leases*

5,534,784

4,847,741

5,496,840

6,322,557

6,087,881

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

2,058

18,536

1,776

3,852

Other loans

3,584,821

3,135,053

3,413,012

3,633,598

3,182,156

Lease financing receivables

1,861,918

1,586,066

1,966,189

2,536,061

2,901,355

Loans to depository institutions and acceptances of other banks

88,044

124,564

99,103

151,122

518

Trading account assets

1,623,484

1,233,386

1,857,603

954,800

451,415

Bank premises and fixed assets

1,899,699

1,521,248

1,549,596

1,449,779

698,986

Other real estate owned

12,689

18,737

15,776

38,097

23,251

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

12,689

18,737

15,776

38,097

23,251

Other real estate owned: 1-4 family residential

12,077

11,575

15,164

37,397

23,035

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

612

7,162

612

700

216

Other real estate owned:Construction & development

N/A

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

9,522,105

8,071,633

7,710,804

7,885,191

6,567,511

Goodwill

7,916,260

6,998,072

5,716,884

Mortgage servicing assets

1,410,928

1,029,148

658,454

824,160

820,693

All other assets

14,125,035

9,472,453

7,178,517

6,765,909

5,688,473

Liabilities and Capital

Total liabilities and capital

226,531,535

188,069,637

183,365,970

165,742,416

129,426,633

Total Liabilities

202,389,326

165,327,770

161,202,115

143,769,906

112,538,387

Total deposits

181,708,144

157,071,480

150,267,404

127,173,106

93,888,356

Deposits held in domestic offices

181,566,368

156,829,177

149,895,406

126,691,001

93,575,474

Individuals, partnerships, and corporations

169,815,898

150,393,419

143,670,249

119,442,458

85,675,365

U.S. Government

6,285

5,997

5,350

5,918

642

States and political subdivisions in the U.S.

11,702,472

6,417,454

6,207,293

7,241,853

5,383,076

Commercial banks and other depository institutions in U.S.

41,713

12,307

12,513

772

2,516,391

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

141,776

242,303

371,998

482,105

312,882

Deposits held in domestic offices

181,566,368

156,829,177

149,895,406

126,691,001

93,575,474

Transaction accounts

96,624,129

22,805,651

18,429,976

11,699,806

11,763,916

Nontransaction accounts

84,942,239

134,023,526

131,465,429

114,991,195

81,811,558

Money market deposit accounts (MMDAs)

48,338,625

47,769,706

50,600,367

40,030,442

27,331,430

Other savings deposits (excluding MMDAs)

27,472,448

81,113,888

71,588,045

56,586,446

40,049,874

Total time deposits

9,131,166

5,139,931

9,277,018

18,374,308

14,430,252

Federal funds purchased and repurchase agreements

N/A

526

230,902

265,081

970,983

Trading liabilities

981,672

190,037

108,861

112,876

238,926

N/A - idobrmtg

14,772,932

3,898,957

5,981,688

12,499,771

14,231,240

Subordinated debt

1,125,000

All other liabilities

3,801,578

3,041,770

3,488,260

2,594,072

2,083,882

Total equity capital

24,142,209

22,741,867

22,163,855

21,972,510

16,888,246

Bank equity capital

24,142,209

22,741,867

22,163,855

21,972,510

16,888,246

Perpetual preferred stock

Common stock

Surplus

22,349,205

19,231,208

15,432,724

Undivided profits

1,792,928

3,510,583

2,932,571

2,741,226

1,455,446

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

1,656,324

1,309,441

2,224,910

967,985

791,579

Income earned, not collected on loans

686,533

500,047

497,317

561,247

458,798

Earning assets

197,829,531

166,432,316

163,873,221

147,378,751

115,011,194

Long-term assets (5+ years)

84,813,832

68,375,655

59,586,148

55,040,631

40,708,412

Average total assets

202,156,747

186,151,471

176,949,067.2

163,618,839

124,932,595.4

Average assets, quarterly

209,200,302

187,586,413

181,264,558

165,197,409.5

128,158,629

Total risk weighted assets adjusted

187,359,392

158,550,072

146,557,846

142,554,627

113,610,118

Adjusted average assets for leverage capital purposes

214,904,593

181,268,340

174,953,832

158,391,075

121,685,893

Life insurance assets

3,161,043

2,797,937

1,712,300

1,682,392

1,191,988

General account life insurance assets

1,537,189

1,202,169

265,007

261,325

174,144

Separate account life insurance assets

255,009

253,431

252,136

249,916

248,136

Hybrid life insurance assets

1,368,845

1,342,337

1,195,157

1,171,151

769,708

Volatile liabilities

6,297,446

3,632,510

5,856,048

9,284,445

6,517,749

Insider loans

4,196

2,244

90,483

75,581

221

FHLB advances

12,019,434

19,270

18,631

5,007,665

7,659,024

Loans and leases held for sale

3,355,979

3,391,844

3,854,622

3,161,171

1,061,288

Unused loan commitments

91,777,955

84,206,000

74,159,942

72,742,677

56,486,313

Tier one (core) capital

19,865,135

17,039,056

16,031,289

15,610,419

11,994,323

Tier 2 Risk-based capital

2,796,636

2,561,373

2,948,226

2,327,165

2,258,219

Total unused commitments

91,777,955

84,206,000

74,159,942

72,742,677

56,486,313

Derivatives

248,211,478

202,080,257

210,083,750

196,755,610

129,043,476