Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 83,280,000 | 80,542,000 | 77,881,000 | 78,026,000 |
| Total loans | 48,399,000 | 43,303,000 | 43,118,000 | 41,960,000 |
| Allowance for loan losses | 538,000 | 492,000 | 460,000 | 428,000 |
| Securities available for sale | 20,760,000 | 20,416,000 | 20,645,000 | 19,240,000 |
| Securities held to maturity | 2,915,000 | 2,740,000 | 1,705,000 | 1,705,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,209,000 | 72,304,000 | 69,072,000 | 68,422,000 |
| Interest-bearing deposits | 57,316,000 | 57,562,000 | 56,827,000 | 54,875,000 |
| Noninterest-bearing deposits | 17,893,000 | 14,742,000 | 12,245,000 | 13,547,000 |
| Equity capital | 6,352,000 | 6,451,000 | 7,031,000 | 6,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,078,000 | 2,182,000 | 3,239,000 | 4,314,000 |
| Interest expense | 358,000 | 742,000 | 1,145,000 | 1,557,000 |
| Net interest income | 720,000 | 1,440,000 | 2,094,000 | 2,757,000 |
| Noninterest income | 179,000 | 357,000 | 578,000 | 831,000 |
| Noninterest expense | 876,000 | 1,787,000 | 2,626,000 | 3,488,000 |
| Provision for loan losses | 10,000 | -18,000 | -28,000 | -34,000 |
| Pretax income | 13,000 | 28,000 | 74,000 | 128,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 13,000 | 28,000 | 74,000 | 128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,711,000 | 8,726,000 | 8,772,000 | 8,827,000 |
| Total capital | 9,255,000 | 9,224,000 | 9,238,000 | 9,261,000 |
| Risk-weighted assets | 52,183,000 | 47,514,000 | 47,568,000 | 45,627,000 |