Call reports 2019
CITIZENS BANK MINNESOTA — 2019
What CITIZENS BANK MINNESOTA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 410,448,000 | 420,879,000 | 421,157,000 | 432,148,000 |
| Total loans | 284,996,000 | 293,115,000 | 294,322,000 | 299,714,000 |
| Allowance for loan losses | 2,334,000 | 2,369,000 | 2,376,000 | 2,382,000 |
| Securities available for sale | 80,444,000 | 77,006,000 | 69,557,000 | 82,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 339,799,000 | 356,679,000 | 355,895,000 | 366,895,000 |
| Interest-bearing deposits | 324,875,000 | 341,096,000 | 339,471,000 | 344,912,000 |
| Noninterest-bearing deposits | 14,924,000 | 15,583,000 | 16,424,000 | 21,983,000 |
| Equity capital | 42,482,000 | 43,254,000 | 44,262,000 | 44,198,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,015,000 | 8,310,000 | 12,612,000 | 16,904,000 |
| Interest expense | 1,036,000 | 2,248,000 | 3,444,000 | 4,613,000 |
| Net interest income | 2,979,000 | 6,062,000 | 9,168,000 | 12,291,000 |
| Noninterest income | 613,000 | 1,230,000 | 2,046,000 | 2,832,000 |
| Noninterest expense | 2,641,000 | 5,102,000 | 7,787,000 | 10,867,000 |
| Provision for loan losses | 44,000 | 81,000 | 86,000 | 96,000 |
| Pretax income | 907,000 | 2,109,000 | 3,341,000 | 4,160,000 |
| Income tax | 235,000 | 555,000 | 885,000 | 1,083,000 |
| Net income | 672,000 | 1,554,000 | 2,456,000 | 3,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,897,000 | 41,164,000 | 42,066,000 | 42,117,000 |
| Total capital | 43,231,000 | 43,533,000 | 44,442,000 | 44,499,000 |
| Risk-weighted assets | 360,589,000 | 366,391,000 | 365,722,000 | 372,770,000 |