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 | 110,112,000 | 106,804,000 | 111,788,000 | 123,026,000 |
| Total loans | 49,556,000 | 59,051,000 | 66,856,000 | 61,137,000 |
| Allowance for loan losses | 1,259,000 | 1,250,000 | 1,246,000 | 1,246,000 |
| Securities available for sale | 39,067,000 | 38,154,000 | 37,875,000 | 46,209,000 |
| Securities held to maturity | 1,140,000 | 1,133,000 | 1,128,000 | 1,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,492,000 | 94,673,000 | 86,174,000 | 109,136,000 |
| Interest-bearing deposits | 79,119,000 | 77,490,000 | 71,801,000 | 89,828,000 |
| Noninterest-bearing deposits | 18,373,000 | 17,183,000 | 14,373,000 | 19,308,000 |
| Equity capital | 11,884,000 | 11,702,000 | 12,274,000 | 13,287,000 |
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 | 1,615,000 | 3,184,000 | 4,874,000 | 6,549,000 |
| Interest expense | 455,000 | 825,000 | 1,207,000 | 1,537,000 |
| Net interest income | 1,160,000 | 2,359,000 | 3,667,000 | 5,012,000 |
| Noninterest income | 87,000 | 189,000 | 299,000 | 454,000 |
| Noninterest expense | 699,000 | 1,433,000 | 2,158,000 | 2,926,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 548,000 | 1,115,000 | 1,808,000 | 2,540,000 |
| Income tax | 159,000 | 333,000 | 546,000 | 772,000 |
| Net income | 389,000 | 782,000 | 1,262,000 | 1,768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,634,000 | 12,027,000 | 12,506,000 | 13,013,000 |
| Total capital | 12,454,000 | 12,946,000 | 13,525,000 | 13,991,000 |
| Risk-weighted assets | 65,137,000 | 73,176,000 | 81,265,000 | 77,979,000 |