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 | 79,311,000 | 77,465,000 | 77,675,000 | 75,309,000 |
| Total loans | 64,037,000 | 63,300,000 | 60,388,000 | 61,864,000 |
| Allowance for loan losses | 712,000 | 692,000 | 727,000 | 624,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,211,000 | 3,960,000 | 3,460,000 | 2,660,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,463,000 | 62,882,000 | 64,146,000 | 64,670,000 |
| Interest-bearing deposits | 48,754,000 | 46,971,000 | 48,306,000 | 48,645,000 |
| Noninterest-bearing deposits | 16,710,000 | 15,911,000 | 15,840,000 | 16,025,000 |
| Equity capital | 8,515,000 | 8,446,000 | 8,319,000 | 7,982,000 |
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 | 1,265,000 | 2,434,000 | 3,482,000 | 4,459,000 |
| Interest expense | 498,000 | 861,000 | 1,200,000 | 1,548,000 |
| Net interest income | 767,000 | 1,573,000 | 2,282,000 | 2,911,000 |
| Noninterest income | 148,000 | 289,000 | 436,000 | 586,000 |
| Noninterest expense | 772,000 | 1,556,000 | 2,315,000 | 3,130,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 325,000 |
| Pretax income | 143,000 | 306,000 | 328,000 | 42,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 143,000 | 306,000 | 328,000 | 42,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,515,000 | 8,446,000 | 8,319,000 | 7,982,000 |
| Total capital | 9,227,000 | 9,138,000 | 9,046,000 | 8,606,000 |
| Risk-weighted assets | 68,406,000 | 67,852,000 | 66,664,000 | 67,748,000 |