Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,063,200,000 | 1,075,465,000 | 1,089,760,000 | 1,097,079,000 |
| Total loans | 676,274,000 | 692,659,000 | 700,453,000 | 712,161,000 |
| Allowance for loan losses | 6,378,000 | 6,449,000 | 6,344,000 | 6,990,000 |
| Securities available for sale | 216,674,000 | 219,548,000 | 235,623,000 | 233,009,000 |
| Securities held to maturity | 9,117,000 | 9,717,000 | 9,138,000 | 8,138,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 938,026,000 | 945,295,000 | 949,591,000 | 961,925,000 |
| Interest-bearing deposits | 784,603,000 | 669,163,000 | 670,020,000 | 672,343,000 |
| Noninterest-bearing deposits | 153,423,000 | 276,132,000 | 279,571,000 | 289,582,000 |
| Equity capital | 112,490,000 | 117,150,000 | 125,657,000 | 124,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 14,039,000 | 28,782,000 | 44,066,000 | 59,854,000 |
| Interest expense | 4,230,000 | 8,681,000 | 13,366,000 | 18,043,000 |
| Net interest income | 9,809,000 | 20,101,000 | 30,700,000 | 41,811,000 |
| Noninterest income | 1,466,000 | 2,960,000 | 4,786,000 | 6,375,000 |
| Noninterest expense | 6,490,000 | 12,084,000 | 18,730,000 | 25,432,000 |
| Provision for loan losses | 428,000 | 774,000 | 891,000 | 1,914,000 |
| Pretax income | 4,200,000 | 9,956,000 | 15,702,000 | 20,814,000 |
| Income tax | 820,000 | 1,968,000 | 3,114,000 | 4,150,000 |
| Net income | 3,380,000 | 7,988,000 | 12,588,000 | 16,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,326,000 | 124,618,000 | 129,021,000 | 130,235,000 |