Call reports 2022
CITIZENS BANK MINNESOTA — 2022
What CITIZENS BANK MINNESOTA reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 575,000,000 | 565,498,000 | 573,741,000 | 581,176,000 |
| Total loans | 332,078,000 | 346,047,000 | 356,881,000 | 369,238,000 |
| Allowance for loan losses | 2,710,000 | 2,712,000 | 2,764,000 | 2,810,000 |
| Securities available for sale | 182,758,000 | 178,711,000 | 169,499,000 | 168,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 520,309,000 | 510,034,000 | 520,214,000 | 520,345,000 |
| Interest-bearing deposits | 492,140,000 | 483,263,000 | 489,011,000 | 489,863,000 |
| Noninterest-bearing deposits | 28,169,000 | 26,771,000 | 31,203,000 | 30,482,000 |
| Equity capital | 46,880,000 | 42,797,000 | 39,049,000 | 40,792,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,110,000 | 8,396,000 | 12,845,000 | 17,640,000 |
| Interest expense | 357,000 | 743,000 | 1,352,000 | 2,317,000 |
| Net interest income | 3,753,000 | 7,653,000 | 11,493,000 | 15,323,000 |
| Noninterest income | 585,000 | 1,221,000 | 1,902,000 | 2,611,000 |
| Noninterest expense | 3,048,000 | 6,183,000 | 9,569,000 | 13,310,000 |
| Provision for loan losses | 0 | 0 | 53,000 | 97,000 |
| Pretax income | 1,290,000 | 2,691,000 | 3,773,000 | 4,629,000 |
| Income tax | 338,000 | 708,000 | 988,000 | 1,204,000 |
| Net income | 952,000 | 1,983,000 | 2,785,000 | 3,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,389,000 | 49,728,000 | 50,573,000 | 50,597,000 |
| Total capital | 52,099,000 | 52,440,000 | 53,337,000 | 53,407,000 |
| Risk-weighted assets | 439,402,000 | 453,063,000 | 466,511,000 | 452,357,000 |