Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 514,787,000 | 519,002,000 | 530,005,000 | 539,095,000 |
| Total loans | 357,881,000 | 365,899,000 | 384,727,000 | 393,504,000 |
| Allowance for loan losses | 7,244,000 | 7,245,000 | 7,244,000 | 7,042,000 |
| Securities available for sale | 46,234,000 | 45,743,000 | 41,233,000 | 47,286,000 |
| Securities held to maturity | 52,622,000 | 53,967,000 | 53,666,000 | 52,622,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 470,161,000 | 471,914,000 | 483,574,000 | 489,383,000 |
| Interest-bearing deposits | 404,496,000 | 411,834,000 | 428,630,000 | 428,619,000 |
| Noninterest-bearing deposits | 65,665,000 | 60,080,000 | 54,944,000 | 60,764,000 |
| Equity capital | 43,809,000 | 46,020,000 | 44,885,000 | 48,353,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,209,000 | 12,644,000 | 19,737,000 | 27,074,000 |
| Interest expense | 1,897,000 | 4,091,000 | 6,789,000 | 9,785,000 |
| Net interest income | 4,312,000 | 8,553,000 | 12,948,000 | 17,289,000 |
| Noninterest income | 325,000 | 633,000 | 1,056,000 | 1,443,000 |
| Noninterest expense | 3,012,000 | 5,952,000 | 8,921,000 | 12,053,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,744,000 | 3,363,000 | 5,226,000 | 6,822,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,744,000 | 3,363,000 | 5,226,000 | 6,822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,262,000 | 56,338,000 | 57,643,000 | 58,361,000 |
| Total capital | 60,640,000 | 61,797,000 | 63,349,000 | 64,165,000 |
| Risk-weighted assets | 428,367,000 | 434,975,000 | 454,963,000 | 463,085,000 |