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 | 180,963,000 | 199,070,000 | 222,004,000 | 230,931,000 |
| Total loans | 119,073,000 | 131,745,000 | 135,651,000 | 142,955,000 |
| Allowance for loan losses | 1,467,000 | 1,653,000 | 1,858,000 | 2,111,000 |
| Securities available for sale | 5,182,000 | 5,141,000 | 6,026,000 | 8,646,000 |
| Securities held to maturity | 42,382,000 | 42,369,000 | 43,386,000 | 43,447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,802,000 | 177,542,000 | 199,747,000 | 207,718,000 |
| Interest-bearing deposits | 109,197,000 | 124,357,000 | 121,577,000 | 136,948,000 |
| Noninterest-bearing deposits | 52,605,000 | 53,185,000 | 78,170,000 | 70,770,000 |
| Equity capital | 18,406,000 | 20,656,000 | 21,352,000 | 22,461,000 |
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 | 2,719,000 | 5,858,000 | 9,303,000 | 13,064,000 |
| Interest expense | 554,000 | 1,211,000 | 2,073,000 | 2,981,000 |
| Net interest income | 2,165,000 | 4,647,000 | 7,230,000 | 10,083,000 |
| Noninterest income | 251,000 | 573,000 | 946,000 | 1,395,000 |
| Noninterest expense | 1,358,000 | 2,985,000 | 4,719,000 | 6,544,000 |
| Provision for loan losses | 103,000 | 307,000 | 494,000 | 749,000 |
| Pretax income | 955,000 | 1,928,000 | 2,902,000 | 4,124,000 |
| Income tax | 200,000 | 405,000 | 609,000 | 866,000 |
| Net income | 755,000 | 1,523,000 | 2,293,000 | 3,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,956,000 | 22,225,000 | 22,995,000 | 23,959,000 |