Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 511,355,000 | 514,044,000 | 538,376,000 | 550,157,000 |
| Total loans | 257,655,000 | 257,152,000 | 270,998,000 | 290,208,000 |
| Allowance for loan losses | 2,334,000 | 2,365,000 | 2,496,000 | 2,672,000 |
| Securities available for sale | 119,064,000 | 123,529,000 | 128,877,000 | 124,612,000 |
| Securities held to maturity | 94,779,000 | 95,371,000 | 95,966,000 | 96,561,000 |
| Trading assets | 0 | 1,009,000 | 1,023,000 | 2,035,000 |
| Total deposits | 466,589,000 | 462,756,000 | 489,725,000 | 502,329,000 |
| Interest-bearing deposits | 393,997,000 | 386,416,000 | 413,875,000 | 422,397,000 |
| Noninterest-bearing deposits | 72,592,000 | 76,340,000 | 75,850,000 | 79,932,000 |
| Equity capital | 21,352,000 | 21,670,000 | 26,943,000 | 24,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,754,000 | 11,737,000 | 17,987,000 | 24,552,000 |
| Interest expense | 3,167,000 | 6,490,000 | 10,014,000 | 13,516,000 |
| Net interest income | 2,587,000 | 5,247,000 | 7,973,000 | 11,036,000 |
| Noninterest income | 899,000 | 1,970,000 | 2,915,000 | 4,018,000 |
| Noninterest expense | 3,103,000 | 5,981,000 | 9,023,000 | 12,245,000 |
| Provision for loan losses | 58,000 | 73,000 | 202,000 | 375,000 |
| Pretax income | 273,000 | 1,111,000 | 1,575,000 | 2,346,000 |
| Income tax | 0 | 46,000 | 75,000 | 106,000 |
| Net income | 273,000 | 1,065,000 | 1,500,000 | 2,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,552,000 | 59,530,000 | 60,151,000 | 61,076,000 |