Call reports 2016
CITIZENS STATE BANK AND TRUST COMPANY, THE — 2016
What CITIZENS STATE BANK AND TRUST COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 19,795,000 | 21,221,000 | 21,463,000 | 22,803,000 |
| Total loans | 15,914,000 | 17,353,000 | 17,177,000 | 18,334,000 |
| Allowance for loan losses | 30,000 | 37,000 | 43,000 | 50,000 |
| Securities available for sale | 2,689,000 | 2,632,000 | 2,579,000 | 2,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,937,000 | 17,515,000 | 17,944,000 | 19,377,000 |
| Interest-bearing deposits | 14,362,000 | 15,261,000 | 15,755,000 | 17,110,000 |
| Noninterest-bearing deposits | 2,576,000 | 2,253,000 | 2,188,000 | 2,267,000 |
| Equity capital | 2,400,000 | 2,480,000 | 2,531,000 | 2,534,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 233,000 | 482,000 | 744,000 | 1,022,000 |
| Interest expense | 10,000 | 23,000 | 40,000 | 59,000 |
| Net interest income | 223,000 | 459,000 | 704,000 | 963,000 |
| Noninterest income | 26,000 | 39,000 | 53,000 | 70,000 |
| Noninterest expense | 228,000 | 455,000 | 665,000 | 910,000 |
| Provision for loan losses | 2,000 | 7,000 | 13,000 | 19,000 |
| Pretax income | 19,000 | 36,000 | 79,000 | 104,000 |
| Income tax | 0 | -60,000 | -64,000 | -63,000 |
| Net income | 19,000 | 96,000 | 143,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,340,000 | 2,421,000 | 2,474,000 | 2,478,000 |
| Total capital | 2,370,000 | 2,458,000 | 2,517,000 | 2,528,000 |
| Risk-weighted assets | 16,737,000 | 18,043,000 | 18,138,000 | 19,326,000 |