Call reports 2021
CITIZENS BANK MINNESOTA — 2021
What CITIZENS BANK MINNESOTA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 580,265,000 | 571,147,000 | 577,791,000 | 586,804,000 |
| Total loans | 333,412,000 | 326,802,000 | 326,862,000 | 339,987,000 |
| Allowance for loan losses | 2,448,000 | 2,458,000 | 2,556,000 | 2,709,000 |
| Securities available for sale | 168,633,000 | 168,862,000 | 176,218,000 | 193,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,488,000 | 510,719,000 | 516,446,000 | 527,298,000 |
| Interest-bearing deposits | 487,149,000 | 482,195,000 | 484,446,000 | 493,565,000 |
| Noninterest-bearing deposits | 30,339,000 | 28,524,000 | 32,000,000 | 33,733,000 |
| Equity capital | 50,667,000 | 51,808,000 | 53,365,000 | 52,612,000 |
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 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,389,000 | 9,544,000 | 14,473,000 | 18,940,000 |
| Interest expense | 469,000 | 899,000 | 1,297,000 | 1,679,000 |
| Net interest income | 3,920,000 | 8,645,000 | 13,176,000 | 17,261,000 |
| Noninterest income | 3,558,000 | 4,631,000 | 5,599,000 | 6,642,000 |
| Noninterest expense | 2,913,000 | 5,898,000 | 9,181,000 | 12,838,000 |
| Provision for loan losses | 0 | 9,000 | 107,000 | 295,000 |
| Pretax income | 4,575,000 | 7,372,000 | 9,490,000 | 10,773,000 |
| Income tax | 879,000 | 1,650,000 | 2,220,000 | 2,578,000 |
| Net income | 3,696,000 | 5,722,000 | 7,270,000 | 8,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,767,000 | 46,495,000 | 48,086,000 | 48,394,000 |
| Total capital | 48,215,000 | 48,953,000 | 50,642,000 | 51,103,000 |
| Risk-weighted assets | 409,796,000 | 408,882,000 | 417,710,000 | 442,460,000 |