Call reports 2019
CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. — 2019
What CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 206,845,000 | 219,435,000 | 215,887,000 | 215,337,000 |
| Total loans | 144,098,000 | 150,367,000 | 150,294,000 | 149,727,000 |
| Allowance for loan losses | 2,383,000 | 2,407,000 | 2,472,000 | 2,532,000 |
| Securities available for sale | 54,611,000 | 53,950,000 | 52,640,000 | 57,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,885,000 | 200,300,000 | 195,950,000 | 194,532,000 |
| Interest-bearing deposits | 155,073,000 | 156,593,000 | 151,826,000 | 153,079,000 |
| Noninterest-bearing deposits | 33,812,000 | 43,706,000 | 44,124,000 | 41,453,000 |
| Equity capital | 17,751,000 | 18,811,000 | 19,497,000 | 19,675,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,171,000 | 4,507,000 | 6,834,000 | 9,161,000 |
| Interest expense | 241,000 | 493,000 | 729,000 | 962,000 |
| Net interest income | 1,930,000 | 4,014,000 | 6,105,000 | 8,199,000 |
| Noninterest income | 123,000 | 37,000 | 172,000 | 296,000 |
| Noninterest expense | 1,189,000 | 2,358,000 | 3,508,000 | 4,756,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 804,000 | 1,559,000 | 2,575,000 | 3,485,000 |
| Income tax | 0 | 4,000 | 4,000 | 4,000 |
| Net income | 804,000 | 1,555,000 | 2,571,000 | 3,481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,791,000 | 18,929,000 | 19,224,000 | 19,363,000 |
| Total capital | 20,649,000 | 20,869,000 | 21,166,000 | 21,313,000 |
| Risk-weighted assets | 148,152,000 | 154,717,000 | 154,839,000 | 155,434,000 |