Call reports 2020
CITIZENS STATE BANK — 2020
What CITIZENS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 126,489,000 | 135,355,000 | 127,063,000 | 143,303,000 |
| Total loans | 76,747,000 | 78,076,000 | 81,464,000 | 77,567,000 |
| Allowance for loan losses | 980,000 | 998,000 | 1,025,000 | 493,000 |
| Securities available for sale | 23,184,000 | 30,685,000 | 34,197,000 | 48,806,000 |
| Securities held to maturity | 5,000 | 4,000 | 4,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,572,000 | 117,564,000 | 108,897,000 | 125,072,000 |
| Interest-bearing deposits | 87,653,000 | 92,375,000 | 83,350,000 | 94,454,000 |
| Noninterest-bearing deposits | 21,919,000 | 25,189,000 | 25,547,000 | 30,618,000 |
| Equity capital | 16,535,000 | 17,150,000 | 17,506,000 | 17,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,322,000 | 2,572,000 | 3,894,000 | 5,146,000 |
| Interest expense | 197,000 | 343,000 | 441,000 | 523,000 |
| Net interest income | 1,125,000 | 2,229,000 | 3,453,000 | 4,623,000 |
| Noninterest income | 62,000 | 134,000 | 197,000 | 259,000 |
| Noninterest expense | 850,000 | 1,702,000 | 2,543,000 | 3,346,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 260,000 |
| Pretax income | 334,000 | 664,000 | 1,103,000 | 1,299,000 |
| Income tax | 72,000 | 144,000 | 237,000 | 244,000 |
| Net income | 262,000 | 520,000 | 866,000 | 1,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,519,000 | 16,777,000 | 17,123,000 | 17,312,000 |