Call reports 2008
CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. — 2008
What CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 172,541,000 | 176,325,000 | 181,236,000 | 186,438,000 |
| Total loans | 107,630,000 | 109,551,000 | 112,091,000 | 113,648,000 |
| Allowance for loan losses | 1,212,000 | 1,257,000 | 1,278,000 | 632,000 |
| Securities available for sale | 47,040,000 | 46,636,000 | 44,856,000 | 55,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,254,000 | 156,779,000 | 161,352,000 | 165,802,000 |
| Interest-bearing deposits | 131,947,000 | 137,286,000 | 141,487,000 | 145,735,000 |
| Noninterest-bearing deposits | 20,307,000 | 19,493,000 | 19,865,000 | 20,067,000 |
| Equity capital | 18,438,000 | 17,727,000 | 17,974,000 | 18,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,479,000 | 4,872,000 | 7,311,000 | 9,719,000 |
| Interest expense | 927,000 | 1,709,000 | 2,477,000 | 3,182,000 |
| Net interest income | 1,552,000 | 3,163,000 | 4,834,000 | 6,537,000 |
| Noninterest income | 135,000 | 260,000 | 373,000 | 448,000 |
| Noninterest expense | 985,000 | 1,929,000 | 2,854,000 | 3,917,000 |
| Provision for loan losses | 44,000 | 87,000 | 143,000 | 224,000 |
| Pretax income | 658,000 | 1,407,000 | 2,210,000 | 2,844,000 |
| Income tax | -12,000 | -12,000 | -12,000 | -12,000 |
| Net income | 670,000 | 1,419,000 | 2,222,000 | 2,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,377,000 | 17,417,000 | 17,481,000 | 17,488,000 |
| Total capital | 18,589,000 | 18,674,000 | 18,759,000 | 18,120,000 |
| Risk-weighted assets | 117,929,000 | 120,664,000 | 129,536,000 | 123,235,000 |
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