Call reports 2023
CITIZENS STATE BANK AND TRUST COMPANY — 2023
What CITIZENS STATE BANK AND TRUST COMPANY 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 | 108,193,000 | 105,992,000 | 105,073,000 | 99,470,000 |
| Total loans | 53,529,000 | 55,749,000 | 58,038,000 | 60,637,000 |
| Allowance for loan losses | 622,000 | 622,000 | 623,000 | 623,000 |
| Securities available for sale | 48,594,000 | 43,516,000 | 39,614,000 | 33,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,942,000 | 87,081,000 | 82,966,000 | 79,815,000 |
| Interest-bearing deposits | 69,925,000 | 67,449,000 | 62,313,000 | 60,527,000 |
| Noninterest-bearing deposits | 22,017,000 | 19,632,000 | 20,653,000 | 19,288,000 |
| Equity capital | 13,655,000 | 13,803,000 | 14,117,000 | 15,162,000 |
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 | 933,000 | 1,875,000 | 2,880,000 | 3,911,000 |
| Interest expense | 53,000 | 132,000 | 253,000 | 366,000 |
| Net interest income | 880,000 | 1,743,000 | 2,627,000 | 3,545,000 |
| Noninterest income | 250,000 | 420,000 | 625,000 | 886,000 |
| Noninterest expense | 701,000 | 1,385,000 | 2,134,000 | 2,818,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 429,000 | 778,000 | 1,118,000 | 1,613,000 |
| Income tax | 26,000 | 38,000 | 45,000 | 52,000 |
| Net income | 403,000 | 740,000 | 1,073,000 | 1,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,075,000 | 16,317,000 | 16,440,000 | 16,828,000 |
| Total capital | 16,697,000 | 16,939,000 | 17,063,000 | 17,451,000 |
| Risk-weighted assets | 53,537,000 | 54,855,000 | 55,760,000 | 58,810,000 |