Call reports 2021
CITIZENS BANK OF THE MIDWEST — 2021
What CITIZENS BANK OF THE MIDWEST reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 171,602,000 | 175,189,000 | 171,196,000 | 179,183,000 |
| Total loans | 103,767,000 | 107,361,000 | 112,594,000 | 121,240,000 |
| Allowance for loan losses | 1,885,000 | 1,900,000 | 1,905,000 | 2,036,000 |
| Securities available for sale | 34,200,000 | 40,553,000 | 42,171,000 | 42,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,822,000 | 159,321,000 | 154,448,000 | 152,942,000 |
| Interest-bearing deposits | 134,259,000 | 137,157,000 | 132,869,000 | 131,583,000 |
| Noninterest-bearing deposits | 21,563,000 | 22,164,000 | 21,579,000 | 21,359,000 |
| Equity capital | 15,411,000 | 15,621,000 | 16,474,000 | 16,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,394,000 | 2,952,000 | 5,071,000 | 6,901,000 |
| Interest expense | 353,000 | 693,000 | 1,025,000 | 1,352,000 |
| Net interest income | 1,041,000 | 2,259,000 | 4,046,000 | 5,549,000 |
| Noninterest income | 156,000 | 361,000 | 507,000 | 728,000 |
| Noninterest expense | 1,108,000 | 2,269,000 | 3,348,000 | 4,523,000 |
| Provision for loan losses | -174,000 | -174,000 | -174,000 | -174,000 |
| Pretax income | 89,000 | 366,000 | 1,189,000 | 1,738,000 |
| Income tax | 0 | 0 | 0 | 241,000 |
| Net income | 89,000 | 366,000 | 1,189,000 | 1,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,655,000 | 15,833,000 | 16,556,000 | 16,764,000 |