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 | 260,102,000 | 290,477,000 | 313,963,000 | 327,290,000 |
| Total loans | 160,398,000 | 175,404,000 | 194,309,000 | 211,146,000 |
| Allowance for loan losses | 2,297,000 | 1,484,000 | 1,858,000 | 2,465,000 |
| Securities available for sale | 15,194,000 | 20,586,000 | 21,577,000 | 21,440,000 |
| Securities held to maturity | 43,464,000 | 43,481,000 | 43,500,000 | 43,518,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,058,000 | 261,873,000 | 283,191,000 | 296,245,000 |
| Interest-bearing deposits | 157,809,000 | 171,367,000 | 181,158,000 | 186,024,000 |
| Noninterest-bearing deposits | 77,249,000 | 90,506,000 | 102,033,000 | 110,221,000 |
| Equity capital | 23,778,000 | 27,502,000 | 29,596,000 | 29,931,000 |
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 | 3,945,000 | 8,631,000 | 13,705,000 | 18,686,000 |
| Interest expense | 1,029,000 | 2,373,000 | 3,851,000 | 5,288,000 |
| Net interest income | 2,916,000 | 6,258,000 | 9,854,000 | 13,398,000 |
| Noninterest income | 522,000 | 1,087,000 | 1,795,000 | 2,484,000 |
| Noninterest expense | 1,648,000 | 3,360,000 | 5,374,000 | 7,412,000 |
| Provision for loan losses | 199,000 | -113,000 | 260,000 | 866,000 |
| Pretax income | 1,607,000 | 3,583,000 | 5,393,000 | 5,946,000 |
| Income tax | 338,000 | 753,000 | 1,023,000 | 1,139,000 |
| Net income | 1,269,000 | 2,830,000 | 4,370,000 | 4,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,886,000 | 28,447,000 | 30,274,000 | 30,713,000 |