Call reports 2020
CITIZENS STATE BANK OF HAYFIELD — 2020
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 104,182,000 | 110,134,000 | 122,197,000 | 119,290,000 |
| Total loans | 70,197,000 | 74,803,000 | 75,014,000 | 71,237,000 |
| Allowance for loan losses | 722,000 | 872,000 | 864,000 | 1,064,000 |
| Securities available for sale | 19,288,000 | 19,358,000 | 18,385,000 | 18,136,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,185,000 | 100,054,000 | 112,020,000 | 109,561,000 |
| Interest-bearing deposits | 67,548,000 | 71,296,000 | 78,831,000 | 75,852,000 |
| Noninterest-bearing deposits | 26,637,000 | 28,758,000 | 33,189,000 | 33,709,000 |
| Equity capital | 8,540,000 | 8,656,000 | 8,727,000 | 8,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,089,000 | 2,172,000 | 3,312,000 | 4,415,000 |
| Interest expense | 135,000 | 263,000 | 384,000 | 494,000 |
| Net interest income | 954,000 | 1,909,000 | 2,928,000 | 3,921,000 |
| Noninterest income | 73,000 | 79,000 | 134,000 | 190,000 |
| Noninterest expense | 781,000 | 1,469,000 | 2,216,000 | 3,041,000 |
| Provision for loan losses | 200,000 | 350,000 | 500,000 | 1,100,000 |
| Pretax income | 35,000 | 155,000 | 345,000 | -28,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 34,000 | 154,000 | 344,000 | -29,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,921,000 | 8,008,000 | 8,119,000 | 7,746,000 |
| Total capital | 8,643,000 | 8,880,000 | 8,983,000 | 8,643,000 |
| Risk-weighted assets | 72,430,000 | 71,506,000 | 70,527,000 | 71,603,000 |