Call reports 2019
CITIZENS STATE BANK OF HAYFIELD — 2019
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 93,194,000 | 98,765,000 | 103,109,000 | 103,305,000 |
| Total loans | 69,245,000 | 69,652,000 | 70,334,000 | 71,699,000 |
| Allowance for loan losses | 1,143,000 | 985,000 | 508,000 | 584,000 |
| Securities available for sale | 9,536,000 | 12,609,000 | 14,833,000 | 15,788,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,670,000 | 89,537,000 | 93,976,000 | 94,053,000 |
| Interest-bearing deposits | 59,520,000 | 64,168,000 | 67,334,000 | 67,708,000 |
| Noninterest-bearing deposits | 23,150,000 | 25,369,000 | 26,642,000 | 26,345,000 |
| Equity capital | 7,628,000 | 7,819,000 | 7,661,000 | 7,808,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 998,000 | 2,191,000 | 3,290,000 | 4,412,000 |
| Interest expense | 124,000 | 268,000 | 406,000 | 542,000 |
| Net interest income | 874,000 | 1,923,000 | 2,884,000 | 3,870,000 |
| Noninterest income | 70,000 | 131,000 | 196,000 | 263,000 |
| Noninterest expense | 711,000 | 1,382,000 | 2,091,000 | 2,919,000 |
| Provision for loan losses | 125,000 | 425,000 | 870,000 | 945,000 |
| Pretax income | 108,000 | 247,000 | 122,000 | 300,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 107,000 | 246,000 | 121,000 | 299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,604,000 | 7,681,000 | 7,556,000 | 7,687,000 |
| Total capital | 8,493,000 | 8,577,000 | 8,064,000 | 8,271,000 |
| Risk-weighted assets | 70,889,000 | 71,643,000 | 72,359,000 | 73,477,000 |