Call reports 2017
CITIZENS STATE BANK OF HAYFIELD — 2017
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 92,879,000 | 95,635,000 | 92,193,000 | 91,067,000 |
| Total loans | 70,446,000 | 72,619,000 | 71,076,000 | 71,821,000 |
| Allowance for loan losses | 1,128,000 | 1,140,000 | 1,169,000 | 1,244,000 |
| Securities available for sale | 9,359,000 | 9,850,000 | 9,433,000 | 8,954,000 |
| Securities held to maturity | 358,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,848,000 | 88,225,000 | 82,516,000 | 81,487,000 |
| Interest-bearing deposits | 65,495,000 | 67,493,000 | 60,900,000 | 60,906,000 |
| Noninterest-bearing deposits | 20,353,000 | 20,732,000 | 21,616,000 | 20,581,000 |
| Equity capital | 6,798,000 | 7,003,000 | 7,214,000 | 7,174,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,918,000 | 2,897,000 | 3,873,000 |
| Interest expense | 67,000 | 138,000 | 216,000 | 302,000 |
| Net interest income | 866,000 | 1,780,000 | 2,681,000 | 3,571,000 |
| Noninterest income | 64,000 | 120,000 | 200,000 | 265,000 |
| Noninterest expense | 605,000 | 1,216,000 | 1,842,000 | 2,594,000 |
| Provision for loan losses | 9,000 | 20,000 | 65,000 | 140,000 |
| Pretax income | 316,000 | 664,000 | 974,000 | 1,102,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 315,000 | 663,000 | 973,000 | 1,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,821,000 | 6,971,000 | 7,184,000 | 7,242,000 |
| Total capital | 7,677,000 | 7,860,000 | 8,070,000 | 8,135,000 |
| Risk-weighted assets | 68,190,000 | 70,872,000 | 70,624,000 | 71,071,000 |