Call reports 2008
CITIZENS STATE BANK OF OURAY, THE — 2008
What CITIZENS STATE BANK OF OURAY, THE 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 | 73,824,000 | 71,086,000 | 75,875,000 | 77,302,000 |
| Total loans | 34,280,000 | 36,185,000 | 33,334,000 | 34,840,000 |
| Allowance for loan losses | 326,000 | 321,000 | 322,000 | 326,000 |
| Securities available for sale | 23,993,000 | 27,089,000 | 32,645,000 | 32,739,000 |
| Securities held to maturity | 1,324,000 | 1,324,000 | 1,324,000 | 1,384,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,539,000 | 62,208,000 | 66,330,000 | 67,816,000 |
| Interest-bearing deposits | 47,969,000 | 46,687,000 | 48,808,000 | 49,258,000 |
| Noninterest-bearing deposits | 16,570,000 | 15,521,000 | 17,522,000 | 18,558,000 |
| Equity capital | 8,493,000 | 8,333,000 | 8,843,000 | 8,558,000 |
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 | 1,124,000 | 2,220,000 | 3,344,000 | 4,457,000 |
| Interest expense | 251,000 | 488,000 | 715,000 | 933,000 |
| Net interest income | 873,000 | 1,732,000 | 2,629,000 | 3,524,000 |
| Noninterest income | 153,000 | 333,000 | 579,000 | 807,000 |
| Noninterest expense | 576,000 | 1,154,000 | 1,848,000 | 2,818,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 30,000 |
| Pretax income | 450,000 | 911,000 | 1,340,000 | 1,483,000 |
| Income tax | 38,000 | 265,000 | 470,000 | 524,000 |
| Net income | 412,000 | 646,000 | 870,000 | 959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,901,000 | 8,086,000 | 8,308,000 | 7,633,000 |
| Total capital | 8,227,000 | 8,407,000 | 8,630,000 | 7,959,000 |
| Risk-weighted assets | 37,824,000 | 38,799,000 | 37,759,000 | 39,561,000 |