Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK 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 | 147,545,000 | 141,542,000 | 130,017,000 | 140,912,000 |
| Total loans | 68,050,000 | 71,364,000 | 74,843,000 | 75,227,000 |
| Allowance for loan losses | 643,000 | 654,000 | 669,000 | 869,000 |
| Securities available for sale | 51,118,000 | 52,033,000 | 48,207,000 | 46,709,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,932,000 | 125,840,000 | 109,012,000 | 124,498,000 |
| Interest-bearing deposits | 93,104,000 | 93,328,000 | 79,007,000 | 89,979,000 |
| Noninterest-bearing deposits | 38,829,000 | 32,512,000 | 30,005,000 | 34,519,000 |
| Equity capital | 15,069,000 | 15,023,000 | 14,733,000 | 15,827,000 |
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 | 1,473,000 | 3,046,000 | 4,584,000 | 6,111,000 |
| Interest expense | 384,000 | 855,000 | 1,401,000 | 1,988,000 |
| Net interest income | 1,089,000 | 2,191,000 | 3,183,000 | 4,123,000 |
| Noninterest income | 53,000 | 120,000 | 178,000 | 232,000 |
| Noninterest expense | 907,000 | 1,787,000 | 2,673,000 | 3,447,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 245,000 |
| Pretax income | 224,000 | 500,000 | 654,000 | 679,000 |
| Income tax | 47,000 | 108,000 | 153,000 | 159,000 |
| Net income | 177,000 | 392,000 | 501,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,232,000 | 17,448,000 | 17,557,000 | 17,576,000 |