Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 68,311,000 | 74,392,000 | 74,804,000 | 78,596,000 |
| Total loans | 50,918,000 | 55,395,000 | 54,251,000 | 55,521,000 |
| Allowance for loan losses | 349,000 | 390,000 | 449,000 | 510,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,675,000 | 4,594,000 | 4,509,000 | 4,435,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,847,000 | 62,363,000 | 62,172,000 | 65,576,000 |
| Interest-bearing deposits | 39,937,000 | 43,747,000 | 45,864,000 | 47,643,000 |
| Noninterest-bearing deposits | 16,910,000 | 18,616,000 | 16,308,000 | 17,933,000 |
| Equity capital | 11,107,000 | 11,473,000 | 11,817,000 | 12,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,044,000 | 2,242,000 | 3,538,000 | 4,818,000 |
| Interest expense | 137,000 | 347,000 | 618,000 | 917,000 |
| Net interest income | 907,000 | 1,895,000 | 2,920,000 | 3,901,000 |
| Noninterest income | 58,000 | 115,000 | 161,000 | 217,000 |
| Noninterest expense | 580,000 | 1,126,000 | 1,685,000 | 2,264,000 |
| Provision for loan losses | 8,000 | 49,000 | 123,000 | 169,000 |
| Pretax income | 377,000 | 835,000 | 1,273,000 | 1,685,000 |
| Income tax | 77,000 | 170,000 | 263,000 | 338,000 |
| Net income | 300,000 | 665,000 | 1,010,000 | 1,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,108,000 | 11,473,000 | 11,817,000 | 12,154,000 |