Call reports 2018
CITIZENS STATE BANK OF HAYFIELD — 2018
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 89,550,000 | 95,685,000 | 92,580,000 | 94,730,000 |
| Total loans | 69,079,000 | 70,592,000 | 69,426,000 | 71,307,000 |
| Allowance for loan losses | 1,319,000 | 1,240,000 | 880,000 | 1,019,000 |
| Securities available for sale | 8,836,000 | 9,515,000 | 10,658,000 | 9,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,894,000 | 87,040,000 | 83,781,000 | 85,887,000 |
| Interest-bearing deposits | 60,014,000 | 60,521,000 | 59,842,000 | 61,635,000 |
| Noninterest-bearing deposits | 20,880,000 | 26,519,000 | 23,939,000 | 24,252,000 |
| Equity capital | 7,261,000 | 7,251,000 | 7,380,000 | 7,443,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 954,000 | 1,940,000 | 2,959,000 | 3,963,000 |
| Interest expense | 103,000 | 211,000 | 327,000 | 443,000 |
| Net interest income | 851,000 | 1,729,000 | 2,632,000 | 3,520,000 |
| Noninterest income | 76,000 | 150,000 | 225,000 | 294,000 |
| Noninterest expense | 642,000 | 1,285,000 | 1,898,000 | 2,676,000 |
| Provision for loan losses | 75,000 | 140,000 | 210,000 | 375,000 |
| Pretax income | 210,000 | 454,000 | 749,000 | 763,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 210,000 | 454,000 | 749,000 | 763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,452,000 | 7,450,000 | 7,639,000 | 7,597,000 |
| Total capital | 8,309,000 | 8,334,000 | 8,517,000 | 8,508,000 |
| Risk-weighted assets | 68,159,000 | 70,407,000 | 70,258,000 | 72,792,000 |