Call reports 2020
CITIZENS BANK OF THE MIDWEST — 2020
What CITIZENS BANK OF THE MIDWEST 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 | 151,736,000 | 153,875,000 | 153,702,000 | 154,642,000 |
| Total loans | 107,994,000 | 112,417,000 | 107,074,000 | 102,153,000 |
| Allowance for loan losses | 2,068,000 | 2,073,000 | 2,031,000 | 2,037,000 |
| Securities available for sale | 12,669,000 | 14,811,000 | 17,862,000 | 18,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,391,000 | 138,227,000 | 137,595,000 | 138,721,000 |
| Interest-bearing deposits | 123,173,000 | 121,239,000 | 119,933,000 | 121,394,000 |
| Noninterest-bearing deposits | 13,218,000 | 16,988,000 | 17,662,000 | 17,327,000 |
| Equity capital | 15,128,000 | 15,407,000 | 15,788,000 | 15,674,000 |
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 | 1,693,000 | 3,234,000 | 4,802,000 | 6,309,000 |
| Interest expense | 493,000 | 841,000 | 1,211,000 | 1,576,000 |
| Net interest income | 1,200,000 | 2,393,000 | 3,591,000 | 4,733,000 |
| Noninterest income | 186,000 | 319,000 | 478,000 | 665,000 |
| Noninterest expense | 976,000 | 1,983,000 | 3,066,000 | 4,388,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | 335,000 | 654,000 | 928,000 | 935,000 |
| Income tax | 0 | 0 | -248,000 | -248,000 |
| Net income | 335,000 | 654,000 | 1,176,000 | 1,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,069,000 | 15,171,000 | 15,722,000 | 15,666,000 |