Call reports 2016
CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. — 2016
What CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 203,948,000 | 209,725,000 | 213,719,000 | 217,172,000 |
| Total loans | 124,445,000 | 129,860,000 | 129,391,000 | 133,237,000 |
| Allowance for loan losses | 1,768,000 | 1,829,000 | 1,890,000 | 1,937,000 |
| Securities available for sale | 67,193,000 | 64,945,000 | 69,531,000 | 71,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,574,000 | 190,437,000 | 194,589,000 | 198,358,000 |
| Interest-bearing deposits | 148,825,000 | 152,219,000 | 155,057,000 | 159,563,000 |
| Noninterest-bearing deposits | 34,749,000 | 38,218,000 | 39,532,000 | 38,795,000 |
| Equity capital | 18,346,000 | 19,067,000 | 18,774,000 | 16,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,006,000 | 3,997,000 | 5,909,000 | 7,858,000 |
| Interest expense | 78,000 | 145,000 | 211,000 | 280,000 |
| Net interest income | 1,928,000 | 3,852,000 | 5,698,000 | 7,578,000 |
| Noninterest income | 97,000 | 209,000 | 322,000 | 435,000 |
| Noninterest expense | 1,088,000 | 2,132,000 | 3,146,000 | 4,260,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 845,000 | 1,781,000 | 2,666,000 | 3,485,000 |
| Income tax | 0 | 4,000 | 4,000 | 4,000 |
| Net income | 845,000 | 1,777,000 | 2,662,000 | 3,481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,706,000 | 18,238,000 | 17,844,000 | 18,106,000 |
| Total capital | 19,343,000 | 19,928,000 | 19,533,000 | 19,845,000 |
| Risk-weighted assets | 130,864,000 | 135,078,000 | 134,884,000 | 138,989,000 |