Call reports 2023
CITIZENS BANK OF THE MIDWEST — 2023
What CITIZENS BANK OF THE MIDWEST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 191,297,000 | 190,859,000 | 203,315,000 | 211,092,000 |
| Total loans | 140,504,000 | 141,528,000 | 142,739,000 | 148,651,000 |
| Allowance for loan losses | 2,150,000 | 2,151,000 | 2,109,000 | 2,106,000 |
| Securities available for sale | 29,476,000 | 28,774,000 | 41,898,000 | 44,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,338,000 | 166,822,000 | 151,175,000 | 169,757,000 |
| Interest-bearing deposits | 152,367,000 | 148,871,000 | 133,992,000 | 153,481,000 |
| Noninterest-bearing deposits | 19,971,000 | 17,951,000 | 17,183,000 | 16,276,000 |
| Equity capital | 10,621,000 | 10,481,000 | 9,053,000 | 10,767,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,318,000 | 4,747,000 | 7,356,000 | 10,274,000 |
| Interest expense | 818,000 | 1,867,000 | 3,112,000 | 4,603,000 |
| Net interest income | 1,500,000 | 2,880,000 | 4,244,000 | 5,671,000 |
| Noninterest income | 703,000 | 781,000 | 854,000 | 888,000 |
| Noninterest expense | 1,060,000 | 2,049,000 | 3,094,000 | 4,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,137,000 | 1,606,000 | 1,995,000 | 2,283,000 |
| Income tax | 225,000 | 320,000 | 438,000 | 697,000 |
| Net income | 912,000 | 1,286,000 | 1,557,000 | 1,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,919,000 | 18,292,000 | 18,394,000 | 18,442,000 |
| Total capital | — | — | — | 20,334,000 |
| Risk-weighted assets | — | — | — | 151,214,000 |