Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,247,737,000 | 1,210,222,000 | 1,219,381,000 | 1,324,474,000 |
| Total loans | 282,833,000 | 280,075,000 | 267,801,000 | 287,589,000 |
| Allowance for loan losses | 3,889,000 | 3,874,000 | 3,845,000 | 4,052,000 |
| Securities available for sale | 781,826,000 | 764,454,000 | 679,772,000 | 759,070,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,182,507,000 | 1,150,939,000 | 1,145,003,000 | 1,169,871,000 |
| Interest-bearing deposits | 958,638,000 | 915,668,000 | 925,258,000 | 927,272,000 |
| Noninterest-bearing deposits | 223,869,000 | 235,271,000 | 219,745,000 | 242,599,000 |
| Equity capital | -24,437,000 | -33,042,000 | -102,810,000 | -20,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 10,816,000 | 22,361,000 | 34,831,000 | 48,186,000 |
| Interest expense | 4,110,000 | 9,633,000 | 17,151,000 | 26,052,000 |
| Net interest income | 6,706,000 | 12,728,000 | 17,680,000 | 22,134,000 |
| Noninterest income | 826,000 | 1,654,000 | 2,517,000 | 3,361,000 |
| Noninterest expense | 4,859,000 | 9,710,000 | 18,873,000 | 23,653,000 |
| Provision for loan losses | -440,000 | -440,000 | -440,000 | -215,000 |
| Pretax income | 2,803,000 | 4,816,000 | 1,107,000 | 1,401,000 |
| Income tax | 0 | -14,000 | -26,000 | -96,000 |
| Net income | 2,803,000 | 4,830,000 | 1,133,000 | 1,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,963,000 | 161,190,000 | 161,936,000 | 162,376,000 |
| Total capital | 163,292,000 | 165,504,000 | 166,221,000 | — |
| Risk-weighted assets | 600,260,000 | 586,212,000 | 570,979,000 | — |