Call reports 2021
CITIZENS STATE BANK — 2021
What CITIZENS STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 36,049,000 | 34,201,000 | 37,960,000 | 45,620,000 |
| Total loans | 11,759,000 | 15,220,000 | 20,620,000 | 28,062,000 |
| Allowance for loan losses | 141,000 | 141,000 | 146,000 | 177,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,784,000 | 3,242,000 | 3,168,000 | 5,124,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,930,000 | 31,120,000 | 33,206,000 | 39,773,000 |
| Interest-bearing deposits | 25,426,000 | 24,477,000 | 25,795,000 | 28,424,000 |
| Noninterest-bearing deposits | 7,504,000 | 6,643,000 | 7,411,000 | 11,349,000 |
| Equity capital | 3,064,000 | 2,983,000 | 4,656,000 | 5,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 179,000 | 394,000 | 627,000 | 993,000 |
| Interest expense | 34,000 | 62,000 | 87,000 | 112,000 |
| Net interest income | 145,000 | 332,000 | 540,000 | 881,000 |
| Noninterest income | 38,000 | 65,000 | 80,000 | 129,000 |
| Noninterest expense | 288,000 | 523,000 | 800,000 | 1,108,000 |
| Provision for loan losses | 0 | 60,000 | 120,000 | 210,000 |
| Pretax income | -105,000 | -186,000 | -300,000 | -308,000 |
| Income tax | 0 | 0 | -13,000 | -13,000 |
| Net income | -105,000 | -186,000 | -287,000 | -295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,064,000 | 2,983,000 | 4,656,000 | 5,813,000 |
| Total capital | 3,205,000 | 3,124,000 | 4,802,000 | 5,990,000 |
| Risk-weighted assets | 17,582,000 | 19,969,000 | 23,329,000 | 29,676,000 |