Call reports 2017
CITIZENS BANK MINNESOTA — 2017
What CITIZENS BANK MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 364,134,000 | 368,602,000 | 398,605,000 | 382,576,000 |
| Total loans | 250,512,000 | 258,338,000 | 258,263,000 | 272,241,000 |
| Allowance for loan losses | 2,135,000 | 2,135,000 | 2,136,000 | 2,138,000 |
| Securities available for sale | 86,652,000 | 84,570,000 | 81,885,000 | 79,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,286,000 | 300,171,000 | 336,153,000 | 314,478,000 |
| Interest-bearing deposits | 276,402,000 | 282,476,000 | 318,330,000 | 294,031,000 |
| Noninterest-bearing deposits | 17,884,000 | 17,695,000 | 17,823,000 | 20,447,000 |
| Equity capital | 39,614,000 | 39,991,000 | 40,565,000 | 39,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,152,000 | 6,391,000 | 9,707,000 | 13,159,000 |
| Interest expense | 450,000 | 958,000 | 1,522,000 | 2,136,000 |
| Net interest income | 2,702,000 | 5,433,000 | 8,185,000 | 11,023,000 |
| Noninterest income | 501,000 | 1,078,000 | 1,791,000 | 2,548,000 |
| Noninterest expense | 2,407,000 | 4,610,000 | 7,050,000 | 9,650,000 |
| Provision for loan losses | 23,000 | 23,000 | 23,000 | 23,000 |
| Pretax income | 773,000 | 1,878,000 | 2,903,000 | 3,898,000 |
| Income tax | 259,000 | 652,000 | 1,017,000 | 1,536,000 |
| Net income | 514,000 | 1,226,000 | 1,886,000 | 2,362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,935,000 | 38,032,000 | 38,692,000 | 38,553,000 |
| Total capital | 40,070,000 | 40,167,000 | 40,828,000 | 40,691,000 |
| Risk-weighted assets | 315,962,000 | 322,439,000 | 323,485,000 | 338,054,000 |