Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK 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 | 196,877,000 | 193,673,000 | 184,477,000 | 183,855,000 |
| Total loans | 116,206,000 | 115,970,000 | 116,159,000 | 119,471,000 |
| Allowance for loan losses | 1,310,000 | 1,310,000 | 1,307,000 | 1,304,000 |
| Securities available for sale | 37,882,000 | 36,141,000 | 35,291,000 | 32,756,000 |
| Securities held to maturity | 22,540,000 | 22,193,000 | 22,159,000 | 21,724,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,905,000 | 150,118,000 | 152,948,000 | 162,573,000 |
| Interest-bearing deposits | 115,968,000 | 114,199,000 | 113,876,000 | 120,981,000 |
| Noninterest-bearing deposits | 37,937,000 | 35,919,000 | 39,072,000 | 41,592,000 |
| Equity capital | 18,814,000 | 19,107,000 | 20,476,000 | 20,523,000 |
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 | 2,015,000 | 4,152,000 | 6,331,000 | 8,451,000 |
| Interest expense | 892,000 | 1,881,000 | 2,867,000 | 3,688,000 |
| Net interest income | 1,123,000 | 2,271,000 | 3,464,000 | 4,763,000 |
| Noninterest income | 146,000 | 288,000 | 432,000 | 891,000 |
| Noninterest expense | 805,000 | 1,587,000 | 2,359,000 | 3,236,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 466,000 | 974,000 | 1,536,000 | 2,421,000 |
| Income tax | 21,000 | 43,000 | 68,000 | 104,000 |
| Net income | 445,000 | 931,000 | 1,468,000 | 2,317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,752,000 | 20,852,000 | 21,203,000 | 21,866,000 |