Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,022,116,000 | 1,018,198,000 | 1,021,805,000 | 1,054,691,000 |
| Total loans | 643,602,000 | 650,113,000 | 657,330,000 | 671,423,000 |
| Allowance for loan losses | 6,416,000 | 6,656,000 | 6,816,000 | 6,429,000 |
| Securities available for sale | 210,803,000 | 214,716,000 | 219,497,000 | 219,293,000 |
| Securities held to maturity | 8,995,000 | 9,595,000 | 9,022,000 | 8,872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 913,478,000 | 905,798,000 | 906,095,000 | 935,690,000 |
| Interest-bearing deposits | 745,909,000 | 748,649,000 | 749,361,000 | 774,189,000 |
| Noninterest-bearing deposits | 167,569,000 | 157,149,000 | 156,734,000 | 161,501,000 |
| Equity capital | 98,662,000 | 102,065,000 | 103,408,000 | 109,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 11,562,000 | 23,564,000 | 36,279,000 | 49,679,000 |
| Interest expense | 2,223,000 | 4,888,000 | 8,190,000 | 12,017,000 |
| Net interest income | 9,339,000 | 18,676,000 | 28,089,000 | 37,662,000 |
| Noninterest income | 1,280,000 | 2,576,000 | 4,054,000 | 5,571,000 |
| Noninterest expense | 5,664,000 | 11,152,000 | 17,363,000 | 23,996,000 |
| Provision for loan losses | 223,000 | 545,000 | 1,068,000 | 938,000 |
| Pretax income | 4,581,000 | 9,395,000 | 13,523,000 | 18,143,000 |
| Income tax | 910,000 | 1,868,000 | 2,671,000 | 3,574,000 |
| Net income | 3,671,000 | 7,527,000 | 10,852,000 | 14,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,061,000 | 112,701,000 | 114,989,000 | 117,041,000 |