Call reports 2022
CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. — 2022
What CITIZENS BANK & TRUST CO., HUTCHINSON, MINN. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 323,366,000 | 319,242,000 | 330,525,000 | 326,369,000 |
| Total loans | 145,938,000 | 155,859,000 | 158,614,000 | 159,677,000 |
| Allowance for loan losses | 2,575,000 | 2,657,000 | 2,717,000 | 2,582,000 |
| Securities available for sale | 166,889,000 | 150,303,000 | 142,114,000 | 145,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 306,820,000 | 313,735,000 | 327,048,000 | 320,549,000 |
| Interest-bearing deposits | 241,590,000 | 244,923,000 | 256,296,000 | 249,432,000 |
| Noninterest-bearing deposits | 65,230,000 | 68,812,000 | 70,752,000 | 71,117,000 |
| Equity capital | 13,438,000 | 4,790,000 | 2,539,000 | 4,956,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,265,000 | 4,615,000 | 7,107,000 | 9,803,000 |
| Interest expense | 197,000 | 429,000 | 807,000 | 1,533,000 |
| Net interest income | 2,068,000 | 4,186,000 | 6,300,000 | 8,270,000 |
| Noninterest income | 211,000 | 479,000 | 650,000 | 817,000 |
| Noninterest expense | 1,749,000 | 3,004,000 | 4,337,000 | 5,303,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 470,000 | 1,541,000 | 2,433,000 | 3,544,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 470,000 | 1,541,000 | 2,433,000 | 3,544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,700,000 | 23,241,000 | 23,531,000 | 23,666,000 |
| Total capital | 24,907,000 | 25,558,000 | 25,908,000 | 26,061,000 |
| Risk-weighted assets | 176,186,000 | 185,011,000 | 189,814,000 | 191,386,000 |