Call reports 2024
CITIZENS STATE BANK, THE — 2024
What CITIZENS STATE 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 | 311,084,000 | 311,744,000 | 310,000,000 | 315,647,000 |
| Total loans | 175,296,000 | 189,858,000 | 177,628,000 | 187,778,000 |
| Allowance for loan losses | 2,005,000 | 2,006,000 | 2,200,000 | 2,133,000 |
| Securities available for sale | 96,247,000 | 95,539,000 | 93,748,000 | 88,541,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,924,000 | 276,642,000 | 277,596,000 | 283,048,000 |
| Interest-bearing deposits | 195,184,000 | 196,106,000 | 197,020,000 | 201,851,000 |
| Noninterest-bearing deposits | 87,740,000 | 80,536,000 | 80,576,000 | 81,197,000 |
| Equity capital | 25,677,000 | 27,229,000 | 30,005,000 | 30,227,000 |
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 | 3,845,000 | 7,825,000 | 11,908,000 | 16,020,000 |
| Interest expense | 1,013,000 | 2,056,000 | 3,166,000 | 4,142,000 |
| Net interest income | 2,832,000 | 5,769,000 | 8,742,000 | 11,878,000 |
| Noninterest income | 400,000 | 787,000 | 1,183,000 | 1,619,000 |
| Noninterest expense | 1,788,000 | 3,555,000 | 5,440,000 | 7,598,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 200,000 |
| Pretax income | 1,446,000 | 3,001,000 | 4,299,000 | 5,717,000 |
| Income tax | 337,000 | 690,000 | 986,000 | 1,329,000 |
| Net income | 1,109,000 | 2,311,000 | 3,313,000 | 4,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,072,000 | 31,340,000 | 32,407,000 | 33,413,000 |