Call reports 2020
CITIZENS STATE BANK — 2020
What CITIZENS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 33,739,000 | 34,680,000 | 35,636,000 | 38,127,000 |
| Total loans | 13,767,000 | 14,305,000 | 15,921,000 | 12,087,000 |
| Allowance for loan losses | 161,000 | 131,000 | 138,000 | 140,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,060,000 | 1,047,000 | 1,804,000 | 1,792,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,385,000 | 31,383,000 | 32,335,000 | 34,905,000 |
| Interest-bearing deposits | 24,445,000 | 25,464,000 | 25,738,000 | 26,485,000 |
| Noninterest-bearing deposits | 5,940,000 | 5,919,000 | 6,597,000 | 8,420,000 |
| Equity capital | 3,274,000 | 3,197,000 | 3,182,000 | 3,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 281,000 | 494,000 | 752,000 | 988,000 |
| Interest expense | 59,000 | 118,000 | 165,000 | 205,000 |
| Net interest income | 222,000 | 376,000 | 587,000 | 783,000 |
| Noninterest income | 20,000 | 42,000 | 70,000 | 82,000 |
| Noninterest expense | 258,000 | 500,000 | 750,000 | 974,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 20,000 |
| Pretax income | -16,000 | -102,000 | -113,000 | -129,000 |
| Income tax | 0 | -9,000 | -5,000 | -7,000 |
| Net income | -16,000 | -93,000 | -108,000 | -122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,274,000 | 3,197,000 | 3,182,000 | 3,168,000 |
| Total capital | 3,435,000 | 3,329,000 | 3,320,000 | 3,308,000 |
| Risk-weighted assets | 18,722,000 | 19,330,000 | 21,045,000 | 19,191,000 |