Call reports 2008
CITIZENS BANK MINNESOTA — 2008
What CITIZENS BANK MINNESOTA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 250,611,000 | 249,385,000 | 251,193,000 | 264,623,000 |
| Total loans | 173,301,000 | 175,061,000 | 177,241,000 | 183,031,000 |
| Allowance for loan losses | 2,301,000 | 2,328,000 | 2,287,000 | 2,116,000 |
| Securities available for sale | 47,591,000 | 50,610,000 | 48,403,000 | 53,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,494,000 | 209,004,000 | 203,331,000 | 218,758,000 |
| Interest-bearing deposits | 177,878,000 | 198,587,000 | 179,682,000 | 204,467,000 |
| Noninterest-bearing deposits | 27,616,000 | 10,417,000 | 23,649,000 | 14,291,000 |
| Equity capital | 27,172,000 | 27,173,000 | 26,959,000 | 27,235,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,718,000 | 7,328,000 | 10,887,000 | 14,525,000 |
| Interest expense | 1,580,000 | 2,927,000 | 4,239,000 | 5,516,000 |
| Net interest income | 2,138,000 | 4,401,000 | 6,648,000 | 9,009,000 |
| Noninterest income | 513,000 | 1,181,000 | 1,969,000 | 2,772,000 |
| Noninterest expense | 1,618,000 | 3,062,000 | 4,654,000 | 6,384,000 |
| Provision for loan losses | 30,000 | 60,000 | 191,000 | 582,000 |
| Pretax income | 1,004,000 | 2,461,000 | 1,918,000 | 2,962,000 |
| Income tax | 315,000 | 810,000 | 505,000 | 805,000 |
| Net income | 689,000 | 1,651,000 | 1,413,000 | 2,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,155,000 | 25,456,000 | 25,231,000 | 25,186,000 |
| Total capital | 27,456,000 | 27,784,000 | 27,518,000 | 27,302,000 |
| Risk-weighted assets | 184,642,000 | 187,666,000 | 191,676,000 | 207,353,000 |
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