Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 137,871,000 | 130,735,000 | 134,976,000 | 138,853,000 |
| Total loans | 68,810,000 | 75,775,000 | 80,265,000 | 80,871,000 |
| Allowance for loan losses | 884,000 | 899,000 | 917,000 | 947,000 |
| Securities available for sale | 48,892,000 | 43,799,000 | 44,200,000 | 42,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,401,000 | 108,376,000 | 112,101,000 | 121,499,000 |
| Interest-bearing deposits | 85,618,000 | 67,899,000 | 83,703,000 | 91,048,000 |
| Noninterest-bearing deposits | 35,783,000 | 40,477,000 | 28,398,000 | 30,451,000 |
| Equity capital | 15,848,000 | 16,146,000 | 17,041,000 | 16,362,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,629,000 | 3,299,000 | 4,920,000 | 6,559,000 |
| Interest expense | 605,000 | 1,230,000 | 1,894,000 | 2,509,000 |
| Net interest income | 1,024,000 | 2,069,000 | 3,026,000 | 4,050,000 |
| Noninterest income | 51,000 | 118,000 | 162,000 | 208,000 |
| Noninterest expense | 796,000 | 1,558,000 | 2,350,000 | 3,096,000 |
| Provision for loan losses | 15,000 | 30,000 | 50,000 | 80,000 |
| Pretax income | 268,000 | 632,000 | 830,000 | 1,133,000 |
| Income tax | 77,000 | 149,000 | 196,000 | 227,000 |
| Net income | 191,000 | 483,000 | 634,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,767,000 | 18,059,000 | 18,210,000 | 17,982,000 |