Call reports 2008
CITIZENS STATE BANK — 2008
What CITIZENS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 255,578,000 | 259,186,000 | 263,411,000 | 276,743,000 |
| Total loans | 139,322,000 | 144,927,000 | 151,771,000 | 157,190,000 |
| Allowance for loan losses | 1,162,000 | 1,251,000 | 1,367,000 | 1,411,000 |
| Securities available for sale | 69,451,000 | 76,286,000 | 76,119,000 | 83,103,000 |
| Securities held to maturity | 1,751,000 | 1,750,000 | 2,145,000 | 3,056,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,770,000 | 234,699,000 | 237,438,000 | 251,246,000 |
| Interest-bearing deposits | 215,305,000 | 217,197,000 | 217,686,000 | 231,202,000 |
| Noninterest-bearing deposits | 15,465,000 | 17,502,000 | 19,752,000 | 20,044,000 |
| Equity capital | 22,606,000 | 22,579,000 | 23,687,000 | 24,036,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,935,000 | 7,868,000 | 11,890,000 | 15,886,000 |
| Interest expense | 1,325,000 | 2,554,000 | 3,688,000 | 4,753,000 |
| Net interest income | 2,610,000 | 5,314,000 | 8,202,000 | 11,133,000 |
| Noninterest income | 659,000 | 1,345,000 | 2,037,000 | 2,699,000 |
| Noninterest expense | 1,969,000 | 4,189,000 | 6,418,000 | 8,845,000 |
| Provision for loan losses | 93,000 | 276,000 | 459,000 | 651,000 |
| Pretax income | 1,207,000 | 2,194,000 | 3,362,000 | 4,336,000 |
| Income tax | 403,000 | 719,000 | 1,084,000 | 1,390,000 |
| Net income | 804,000 | 1,475,000 | 2,278,000 | 2,946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,923,000 | 22,595,000 | 23,398,000 | 23,626,000 |
| Total capital | 23,085,000 | 23,846,000 | 24,765,000 | 25,037,000 |
| Risk-weighted assets | 159,072,000 | 165,533,000 | 170,409,000 | 177,166,000 |