Call reports 2024
CITIZENS STATE BANK AND TRUST COMPANY, THE — 2024
What CITIZENS STATE BANK AND TRUST COMPANY, 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 | 69,849,000 | 74,135,000 | 77,057,000 | 76,082,000 |
| Total loans | 58,684,000 | 60,100,000 | 63,562,000 | 65,102,000 |
| Allowance for loan losses | 560,000 | 580,000 | 610,000 | 640,000 |
| Securities available for sale | 1,571,000 | 1,164,000 | 375,000 | 368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,697,000 | 62,849,000 | 63,833,000 | 63,877,000 |
| Interest-bearing deposits | 48,157,000 | 50,274,000 | 52,454,000 | 53,373,000 |
| Noninterest-bearing deposits | 11,540,000 | 12,575,000 | 11,379,000 | 10,504,000 |
| Equity capital | 5,899,000 | 5,919,000 | 6,853,000 | 6,741,000 |
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 | 1,234,000 | 2,533,000 | 3,938,000 | 5,372,000 |
| Interest expense | 350,000 | 743,000 | 1,179,000 | 1,628,000 |
| Net interest income | 884,000 | 1,790,000 | 2,759,000 | 3,744,000 |
| Noninterest income | 18,000 | 35,000 | 57,000 | 80,000 |
| Noninterest expense | 583,000 | 1,228,000 | 1,831,000 | 2,494,000 |
| Provision for loan losses | 15,000 | 35,000 | 65,000 | 95,000 |
| Pretax income | 304,000 | 562,000 | 920,000 | 1,235,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 294,000 | 552,000 | 910,000 | 1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,869,000 | 5,883,000 | 6,812,000 | 6,708,000 |
| Total capital | 6,429,000 | 6,463,000 | 7,422,000 | 7,348,000 |
| Risk-weighted assets | 59,866,000 | 61,626,000 | 64,594,000 | 65,033,000 |