Call reports 2003
CITIZENS STATE BANK — 2003
What CITIZENS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 74,681,000 | 71,607,000 | 70,656,000 | 68,198,000 |
| Total loans | 36,100,000 | 37,149,000 | 36,863,000 | 39,541,000 |
| Allowance for loan losses | 591,000 | 590,000 | 587,000 | 603,000 |
| Securities available for sale | 23,222,000 | 22,287,000 | 20,347,000 | 20,992,000 |
| Securities held to maturity | 448,000 | 435,000 | 426,000 | 422,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,683,000 | 63,162,000 | 62,271,000 | 59,842,000 |
| Interest-bearing deposits | 55,525,000 | 52,546,000 | 51,662,000 | 50,425,000 |
| Noninterest-bearing deposits | 9,158,000 | 10,616,000 | 10,609,000 | 9,417,000 |
| Equity capital | 5,513,000 | 5,501,000 | 5,459,000 | 5,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 979,000 | 1,907,000 | 2,784,000 | 3,672,000 |
| Interest expense | 266,000 | 476,000 | 652,000 | 808,000 |
| Net interest income | 713,000 | 1,431,000 | 2,132,000 | 2,864,000 |
| Noninterest income | 74,000 | 145,000 | 241,000 | 420,000 |
| Noninterest expense | 494,000 | 992,000 | 1,469,000 | 1,955,000 |
| Provision for loan losses | 12,000 | 12,000 | 12,000 | 32,000 |
| Pretax income | 281,000 | 572,000 | 892,000 | 1,297,000 |
| Income tax | 89,000 | 193,000 | 306,000 | 456,000 |
| Net income | 192,000 | 379,000 | 586,000 | 841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,476,000 | 5,462,000 | 5,420,000 | 5,375,000 |
| Total capital | 6,013,000 | 5,999,000 | 5,951,000 | 5,911,000 |
| Risk-weighted assets | 42,903,000 | 42,905,000 | 42,404,000 | 42,846,000 |