Call reports 2022
CITIZENS STATE BANK — 2022
What CITIZENS STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 51,219,000 | 53,648,000 | 61,962,000 | 64,244,000 |
| Total loans | 30,764,000 | 34,327,000 | 41,789,000 | 45,727,000 |
| Allowance for loan losses | 225,000 | 242,000 | 288,000 | 341,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,025,000 | 4,928,000 | 4,832,000 | 4,748,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,244,000 | 47,548,000 | 51,177,000 | 53,200,000 |
| Interest-bearing deposits | 26,873,000 | 27,904,000 | 32,863,000 | 34,444,000 |
| Noninterest-bearing deposits | 18,371,000 | 19,644,000 | 18,314,000 | 18,756,000 |
| Equity capital | 5,881,000 | 5,938,000 | 10,519,000 | 10,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 378,000 | 865,000 | 1,541,000 | 2,401,000 |
| Interest expense | 18,000 | 34,000 | 68,000 | 140,000 |
| Net interest income | 360,000 | 831,000 | 1,473,000 | 2,261,000 |
| Noninterest income | 69,000 | 113,000 | 192,000 | 272,000 |
| Noninterest expense | 347,000 | 793,000 | 1,231,000 | 1,684,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 95,000 |
| Pretax income | 82,000 | 151,000 | 389,000 | 754,000 |
| Income tax | 14,000 | 26,000 | 72,000 | 148,000 |
| Net income | 68,000 | 125,000 | 317,000 | 606,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,881,000 | 5,938,000 | 10,519,000 | 10,808,000 |
| Total capital | 6,106,000 | 6,180,000 | 10,807,000 | — |
| Risk-weighted assets | 30,584,000 | 34,384,000 | 40,272,000 | — |