Call reports 2024
CITIZENS BANK OF THE MIDWEST — 2024
What CITIZENS BANK OF THE MIDWEST 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 | 211,639,000 | 207,517,000 | 213,888,000 | 208,711,000 |
| Total loans | 150,509,000 | 145,682,000 | 151,291,000 | 148,397,000 |
| Allowance for loan losses | 2,064,000 | 2,065,000 | 2,080,000 | 2,081,000 |
| Securities available for sale | 42,953,000 | 43,395,000 | 44,841,000 | 41,873,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,151,000 | 167,345,000 | 168,507,000 | 177,850,000 |
| Interest-bearing deposits | 154,730,000 | 151,315,000 | 152,602,000 | 162,452,000 |
| Noninterest-bearing deposits | 16,421,000 | 16,030,000 | 15,905,000 | 15,398,000 |
| Equity capital | 10,336,000 | 11,075,000 | 12,737,000 | 11,007,000 |
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 | 3,048,000 | 5,990,000 | 9,132,000 | 12,240,000 |
| Interest expense | 1,566,000 | 3,134,000 | 4,796,000 | 6,449,000 |
| Net interest income | 1,482,000 | 2,856,000 | 4,336,000 | 5,791,000 |
| Noninterest income | 73,000 | 169,000 | 268,000 | 417,000 |
| Noninterest expense | 1,037,000 | 2,020,000 | 2,987,000 | 4,141,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 518,000 | 1,005,000 | 1,617,000 | 2,067,000 |
| Income tax | 80,000 | 210,000 | 320,000 | 450,000 |
| Net income | 438,000 | 795,000 | 1,297,000 | 1,617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,539,000 | 18,459,000 | 18,788,000 | 19,163,000 |
| Total capital | 20,535,000 | 20,295,000 | 20,773,000 | 21,142,000 |
| Risk-weighted assets | 159,688,000 | 146,710,000 | 158,778,000 | 158,252,000 |