Call reports 2023
CITIZENS STATE BANK, THE — 2023
What CITIZENS STATE BANK, THE 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 | 315,781,000 | 305,097,000 | 297,597,000 | 315,368,000 |
| Total loans | 162,278,000 | 166,562,000 | 157,841,000 | 163,724,000 |
| Allowance for loan losses | 1,849,000 | 1,849,000 | 2,011,000 | 2,011,000 |
| Securities available for sale | 111,359,000 | 108,495,000 | 104,647,000 | 102,220,000 |
| Securities held to maturity | 1,000 | 1,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,296,000 | 278,322,000 | 271,013,000 | 286,884,000 |
| Interest-bearing deposits | 199,190,000 | 197,825,000 | 186,135,000 | 195,339,000 |
| Noninterest-bearing deposits | 89,107,000 | 80,497,000 | 84,878,000 | 91,545,000 |
| Equity capital | 25,032,000 | 24,494,000 | 24,236,000 | 26,272,000 |
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 | 3,118,000 | 6,564,000 | 10,041,000 | 13,571,000 |
| Interest expense | 557,000 | 1,195,000 | 1,938,000 | 2,746,000 |
| Net interest income | 2,561,000 | 5,369,000 | 8,103,000 | 10,825,000 |
| Noninterest income | 374,000 | 727,000 | 1,091,000 | 1,504,000 |
| Noninterest expense | 1,720,000 | 3,494,000 | 5,303,000 | 7,559,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 150,000 |
| Pretax income | 1,225,000 | 2,626,000 | 3,771,000 | 4,669,000 |
| Income tax | 280,000 | 605,000 | 881,000 | 1,027,000 |
| Net income | 945,000 | 2,021,000 | 2,890,000 | 3,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,460,000 | 30,196,000 | 30,492,000 | 30,574,000 |
| Total capital | 31,309,000 | 32,045,000 | — | — |
| Risk-weighted assets | 175,736,000 | 180,182,000 | — | — |