Call reports 2014
CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. — 2014
What CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 197,651,000 | 198,907,000 | 202,169,000 | 217,672,000 |
| Total loans | 121,134,000 | 122,898,000 | 123,007,000 | 123,871,000 |
| Allowance for loan losses | 1,602,000 | 1,544,000 | 1,605,000 | 1,564,000 |
| Securities available for sale | 59,124,000 | 67,239,000 | 68,013,000 | 73,060,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,813,000 | 180,754,000 | 184,837,000 | 199,945,000 |
| Interest-bearing deposits | 150,090,000 | 149,708,000 | 149,015,000 | 162,793,000 |
| Noninterest-bearing deposits | 30,723,000 | 31,046,000 | 35,822,000 | 37,152,000 |
| Equity capital | 16,725,000 | 17,214,000 | 17,106,000 | 17,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,772,000 | 3,581,000 | 5,368,000 | 7,151,000 |
| Interest expense | 77,000 | 156,000 | 232,000 | 308,000 |
| Net interest income | 1,695,000 | 3,425,000 | 5,136,000 | 6,843,000 |
| Noninterest income | 101,000 | 216,000 | 348,000 | 523,000 |
| Noninterest expense | 1,056,000 | 2,049,000 | 3,036,000 | 4,259,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 686,000 | 1,484,000 | 2,280,000 | 2,948,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 684,000 | 1,482,000 | 2,278,000 | 2,946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,578,000 | 17,359,000 | 17,469,000 | 17,422,000 |
| Total capital | 19,134,000 | 18,903,000 | 19,049,000 | 18,986,000 |
| Risk-weighted assets | 124,403,000 | 124,765,000 | 126,318,000 | 130,104,000 |