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 | 68,360,000 | 67,816,000 | 81,637,000 | 106,046,000 |
| Total loans | 15,791,000 | 22,013,000 | 40,806,000 | 55,847,000 |
| Allowance for loan losses | 216,000 | 277,000 | 287,000 | 319,000 |
| Securities available for sale | 12,422,000 | 22,297,000 | 25,750,000 | 25,778,000 |
| Securities held to maturity | 214,000 | 149,000 | 149,000 | 135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,645,000 | 57,024,000 | 70,768,000 | 90,279,000 |
| Interest-bearing deposits | 47,324,000 | 43,946,000 | 45,218,000 | 59,188,000 |
| Noninterest-bearing deposits | 10,321,000 | 13,078,000 | 25,550,000 | 31,091,000 |
| Equity capital | 10,634,000 | 10,649,000 | 10,723,000 | 15,460,000 |
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 | 391,000 | 866,000 | 1,538,000 | 2,537,000 |
| Interest expense | 21,000 | 41,000 | 61,000 | 94,000 |
| Net interest income | 370,000 | 825,000 | 1,477,000 | 2,443,000 |
| Noninterest income | 39,000 | 78,000 | 132,000 | 215,000 |
| Noninterest expense | 497,000 | 1,015,000 | 1,770,000 | 3,010,000 |
| Provision for loan losses | -163,000 | -109,000 | -109,000 | -85,000 |
| Pretax income | 75,000 | -3,000 | -52,000 | -280,000 |
| Income tax | 0 | 19,000 | 35,000 | 2,000 |
| Net income | 75,000 | -22,000 | -87,000 | -282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,602,000 | 10,506,000 | 10,440,000 | 15,245,000 |