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 | 31,571,000 | 29,276,000 | 27,833,000 | 29,081,000 |
| Total loans | 14,713,000 | 19,753,000 | 20,873,000 | 16,071,000 |
| Allowance for loan losses | 174,000 | 121,000 | 121,000 | 104,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,023,000 | 4,102,000 | 4,100,000 | 3,067,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,806,000 | 26,637,000 | 25,099,000 | 26,520,000 |
| Interest-bearing deposits | 24,973,000 | 23,167,000 | 22,242,000 | 21,885,000 |
| Noninterest-bearing deposits | 3,833,000 | 3,470,000 | 2,857,000 | 4,635,000 |
| Equity capital | 2,597,000 | 2,438,000 | 2,537,000 | 2,291,000 |
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 | 433,000 | 848,000 | 1,321,000 | 1,717,000 |
| Interest expense | 222,000 | 407,000 | 581,000 | 732,000 |
| Net interest income | 211,000 | 441,000 | 740,000 | 985,000 |
| Noninterest income | 38,000 | 77,000 | 120,000 | 160,000 |
| Noninterest expense | 198,000 | 443,000 | 656,000 | 890,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 375,000 |
| Pretax income | 51,000 | 0 | 129,000 | -120,000 |
| Income tax | 7,000 | -42,000 | -29,000 | -47,000 |
| Net income | 44,000 | 42,000 | 158,000 | -73,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,597,000 | 2,438,000 | 2,537,000 | 2,291,000 |
| Total capital | 2,771,000 | 2,559,000 | 2,658,000 | 2,395,000 |
| Risk-weighted assets | 20,811,000 | 21,964,000 | 22,902,000 | 19,421,000 |