Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 80,242,000 | 76,055,000 | 77,870,000 | 78,333,000 |
| Total loans | 57,923,000 | 59,761,000 | 57,752,000 | 57,832,000 |
| Allowance for loan losses | 570,000 | 630,000 | 630,000 | 630,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,362,000 | 4,281,000 | 4,203,000 | 4,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,322,000 | 62,853,000 | 64,296,000 | 64,578,000 |
| Interest-bearing deposits | 49,995,000 | 47,280,000 | 48,287,000 | 49,780,000 |
| Noninterest-bearing deposits | 17,327,000 | 15,573,000 | 16,009,000 | 14,798,000 |
| Equity capital | 12,368,000 | 12,665,000 | 12,920,000 | 13,153,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,380,000 | 2,742,000 | 4,114,000 | 5,457,000 |
| Interest expense | 350,000 | 705,000 | 1,100,000 | 1,484,000 |
| Net interest income | 1,030,000 | 2,037,000 | 3,014,000 | 3,973,000 |
| Noninterest income | 48,000 | 113,000 | 181,000 | 254,000 |
| Noninterest expense | 677,000 | 1,312,000 | 2,036,000 | 2,773,000 |
| Provision for loan losses | 60,000 | 120,000 | 123,000 | 123,000 |
| Pretax income | 341,000 | 718,000 | 1,036,000 | 1,331,000 |
| Income tax | 69,000 | 149,000 | 213,000 | 275,000 |
| Net income | 272,000 | 569,000 | 823,000 | 1,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,368,000 | 12,664,000 | 12,920,000 | 13,153,000 |