Call reports 2021
CITIZENS STATE BANK OF HAYFIELD — 2021
What CITIZENS STATE BANK OF HAYFIELD reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 |
|---|---|---|
| Total assets | 126,410,000 | 137,758,000 |
| Total loans | 66,770,000 | 62,589,000 |
| Allowance for loan losses | 1,098,000 | 1,146,000 |
| Securities available for sale | 22,732,000 | 34,050,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 116,725,000 | 127,805,000 |
| Interest-bearing deposits | 80,837,000 | 88,021,000 |
| Noninterest-bearing deposits | 35,887,000 | 39,784,000 |
| Equity capital | 8,295,000 | 8,625,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 |
|---|---|---|
| Interest income | 988,000 | 2,244,000 |
| Interest expense | 87,000 | 165,000 |
| Net interest income | 901,000 | 2,079,000 |
| Noninterest income | 54,000 | 92,000 |
| Noninterest expense | 731,000 | 1,401,000 |
| Provision for loan losses | 45,000 | 90,000 |
| Pretax income | 189,000 | 692,000 |
| Income tax | 1,000 | 1,000 |
| Net income | 188,000 | 691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 |
|---|---|---|
| Tier 1 capital | 7,934,000 | 8,321,000 |
| Total capital | 8,750,000 | 9,104,000 |
| Risk-weighted assets | 65,004,000 | 62,296,000 |