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 | 186,278,000 | 181,410,000 | 188,176,000 | 183,094,000 |
| Total loans | 115,395,000 | 119,448,000 | 119,970,000 | 122,640,000 |
| Allowance for loan losses | 1,400,000 | 1,440,000 | 1,456,000 | 1,467,000 |
| Securities available for sale | 51,734,000 | 51,055,000 | 50,212,000 | 49,039,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,164,000 | 164,778,000 | 169,368,000 | 164,773,000 |
| Interest-bearing deposits | 123,272,000 | 121,443,000 | 124,581,000 | 119,094,000 |
| Noninterest-bearing deposits | 46,892,000 | 43,335,000 | 44,787,000 | 45,679,000 |
| Equity capital | 15,389,000 | 15,719,000 | 17,517,000 | 16,790,000 |
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 | 2,347,000 | 4,777,000 | 7,245,000 | 9,825,000 |
| Interest expense | 710,000 | 1,453,000 | 2,273,000 | 3,107,000 |
| Net interest income | 1,637,000 | 3,324,000 | 4,972,000 | 6,718,000 |
| Noninterest income | 248,000 | 485,000 | 726,000 | 965,000 |
| Noninterest expense | 1,018,000 | 2,102,000 | 3,047,000 | 4,052,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 807,000 | 1,587,000 | 2,481,000 | 3,401,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 807,000 | 1,587,000 | 2,481,000 | 3,401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,492,000 | 20,373,000 | 20,667,000 | 20,706,000 |