Call reports 2016
CITIZENS STATE BANK — 2016
What CITIZENS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 33,176,000 | 38,068,000 | 37,449,000 | 41,481,000 |
| Total loans | 15,772,000 | 23,199,000 | 26,325,000 | 22,414,000 |
| Allowance for loan losses | 134,000 | 189,000 | 191,000 | 188,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,754,000 | 3,722,000 | 3,438,000 | 3,302,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,118,000 | 34,970,000 | 34,184,000 | 38,139,000 |
| Interest-bearing deposits | 23,005,000 | 28,572,000 | 28,893,000 | 29,399,000 |
| Noninterest-bearing deposits | 7,113,000 | 6,398,000 | 5,291,000 | 8,740,000 |
| Equity capital | 2,856,000 | 2,883,000 | 3,001,000 | 3,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 247,000 | 564,000 | 970,000 | 1,386,000 |
| Interest expense | 31,000 | 71,000 | 120,000 | 177,000 |
| Net interest income | 216,000 | 493,000 | 850,000 | 1,209,000 |
| Noninterest income | 64,000 | 97,000 | 133,000 | 168,000 |
| Noninterest expense | 221,000 | 424,000 | 641,000 | 931,000 |
| Provision for loan losses | 0 | 50,000 | 73,000 | 73,000 |
| Pretax income | 59,000 | 116,000 | 269,000 | 373,000 |
| Income tax | 6,000 | 35,000 | 71,000 | 109,000 |
| Net income | 53,000 | 81,000 | 198,000 | 264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,856,000 | 2,883,000 | 3,001,000 | 3,067,000 |
| Total capital | 2,990,000 | 3,072,000 | 3,192,000 | 3,255,000 |
| Risk-weighted assets | 21,414,000 | 26,837,000 | 29,261,000 | 21,986,000 |