Call reports 2020
CITIZENS STATE BANK AND TRUST COMPANY, THE — 2020
What CITIZENS STATE BANK AND TRUST COMPANY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 50,586,000 | 55,671,000 | 59,909,000 | 60,209,000 |
| Total loans | 44,676,000 | 46,563,000 | 45,866,000 | 44,558,000 |
| Allowance for loan losses | 409,000 | 430,000 | 451,000 | 472,000 |
| Securities available for sale | 883,000 | 2,387,000 | 2,726,000 | 3,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,436,000 | 46,960,000 | 51,371,000 | 51,491,000 |
| Interest-bearing deposits | 34,922,000 | 38,544,000 | 42,079,000 | 42,710,000 |
| Noninterest-bearing deposits | 6,514,000 | 8,416,000 | 9,293,000 | 8,781,000 |
| Equity capital | 4,596,000 | 4,632,000 | 4,464,000 | 4,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 711,000 | 1,497,000 | 2,226,000 | 2,898,000 |
| Interest expense | 125,000 | 244,000 | 361,000 | 464,000 |
| Net interest income | 586,000 | 1,253,000 | 1,865,000 | 2,434,000 |
| Noninterest income | 19,000 | 40,000 | 60,000 | 118,000 |
| Noninterest expense | 376,000 | 755,000 | 1,160,000 | 1,566,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 208,000 | 496,000 | 702,000 | 902,000 |
| Income tax | 10,000 | 18,000 | 26,000 | 35,000 |
| Net income | 198,000 | 478,000 | 676,000 | 867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,442,000 | 4,467,000 | 4,302,000 | 4,489,000 |
| Total capital | 4,851,000 | 4,897,000 | 4,753,000 | 4,961,000 |
| Risk-weighted assets | 44,771,000 | 44,070,000 | 44,606,000 | 43,863,000 |