Call reports 2016
CITIZENS STATE BANK OF HAYFIELD — 2016
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 84,572,000 | 89,242,000 | 89,963,000 | 94,408,000 |
| Total loans | 67,909,000 | 66,892,000 | 70,518,000 | 72,062,000 |
| Allowance for loan losses | 880,000 | 975,000 | 1,006,000 | 1,119,000 |
| Securities available for sale | 5,588,000 | 6,073,000 | 6,354,000 | 8,356,000 |
| Securities held to maturity | 358,000 | 358,000 | 358,000 | 358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,814,000 | 82,412,000 | 83,009,000 | 87,779,000 |
| Interest-bearing deposits | 61,763,000 | 63,959,000 | 63,950,000 | 63,360,000 |
| Noninterest-bearing deposits | 16,051,000 | 18,453,000 | 19,059,000 | 24,419,000 |
| Equity capital | 6,543,000 | 6,623,000 | 6,396,000 | 6,401,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 938,000 | 1,871,000 | 2,787,000 | 3,719,000 |
| Interest expense | 70,000 | 136,000 | 203,000 | 268,000 |
| Net interest income | 868,000 | 1,735,000 | 2,584,000 | 3,451,000 |
| Noninterest income | 47,000 | 98,000 | 163,000 | 220,000 |
| Noninterest expense | 612,000 | 1,215,000 | 2,332,000 | 2,994,000 |
| Provision for loan losses | 20,000 | 140,000 | 170,000 | 190,000 |
| Pretax income | 297,000 | 492,000 | 259,000 | 501,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 296,000 | 491,000 | 258,000 | 500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,467,000 | 6,497,000 | 6,264,000 | 6,506,000 |
| Total capital | 7,271,000 | 7,313,000 | 7,120,000 | 7,390,000 |
| Risk-weighted assets | 64,233,000 | 65,126,000 | 68,313,000 | 70,480,000 |