Call reports 2008
CITIZENS STATE BANK — 2008
What CITIZENS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 61,546,000 | 62,125,000 | 64,811,000 | 66,036,000 |
| Total loans | 27,717,000 | 28,866,000 | 29,195,000 | 29,863,000 |
| Allowance for loan losses | 127,000 | 121,000 | 115,000 | 145,000 |
| Securities available for sale | 26,341,000 | 28,557,000 | 30,504,000 | 31,137,000 |
| Securities held to maturity | 55,000 | 55,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,791,000 | 53,815,000 | 55,957,000 | 56,931,000 |
| Interest-bearing deposits | 46,924,000 | 47,601,000 | 49,907,000 | 51,021,000 |
| Noninterest-bearing deposits | 5,867,000 | 6,214,000 | 6,050,000 | 5,910,000 |
| Equity capital | 8,274,000 | 8,021,000 | 8,384,000 | 8,079,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 987,000 | 1,983,000 | 3,027,000 | 4,087,000 |
| Interest expense | 338,000 | 665,000 | 1,006,000 | 1,359,000 |
| Net interest income | 649,000 | 1,318,000 | 2,021,000 | 2,728,000 |
| Noninterest income | 51,000 | 121,000 | 179,000 | 228,000 |
| Noninterest expense | 479,000 | 967,000 | 1,480,000 | 2,091,000 |
| Provision for loan losses | 39,000 | 51,000 | 61,000 | 130,000 |
| Pretax income | 192,000 | 431,000 | 669,000 | 745,000 |
| Income tax | 43,000 | 110,000 | 176,000 | 193,000 |
| Net income | 149,000 | 321,000 | 493,000 | 552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,095,000 | 8,268,000 | 8,439,000 | 7,947,000 |
| Total capital | 8,222,000 | 8,389,000 | 8,554,000 | 8,092,000 |
| Risk-weighted assets | 26,793,000 | 27,338,000 | 28,244,000 | 29,096,000 |