Call reports 2008
CITIZENS STATE BANK NORWOOD YOUNG AMERICA — 2008
What CITIZENS STATE BANK NORWOOD YOUNG AMERICA 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 | 68,965,000 | 68,981,000 | 68,545,000 | 67,662,000 |
| Total loans | 55,112,000 | 60,369,000 | 60,354,000 | 57,987,000 |
| Allowance for loan losses | 595,000 | 574,000 | 849,000 | 669,000 |
| Securities available for sale | 1,024,000 | 1,014,000 | 1,012,000 | 1,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,579,000 | 48,911,000 | 49,802,000 | 49,334,000 |
| Interest-bearing deposits | 45,568,000 | 42,619,000 | 44,050,000 | 43,259,000 |
| Noninterest-bearing deposits | 5,011,000 | 6,292,000 | 5,752,000 | 6,075,000 |
| Equity capital | 9,052,000 | 9,045,000 | 8,950,000 | 8,966,000 |
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 | 1,235,000 | 2,424,000 | 3,596,000 | 4,735,000 |
| Interest expense | 499,000 | 953,000 | 1,375,000 | 1,756,000 |
| Net interest income | 736,000 | 1,471,000 | 2,221,000 | 2,979,000 |
| Noninterest income | 120,000 | 261,000 | 466,000 | 758,000 |
| Noninterest expense | 517,000 | 1,121,000 | 1,802,000 | 2,536,000 |
| Provision for loan losses | 33,000 | 66,000 | 342,000 | 342,000 |
| Pretax income | 306,000 | 545,000 | 543,000 | 859,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 306,000 | 545,000 | 543,000 | 858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,869,000 | 5,872,000 | 5,779,000 | 5,795,000 |
| Total capital | 6,464,000 | 6,446,000 | 6,568,000 | 6,464,000 |
| Risk-weighted assets | 58,680,000 | 63,379,000 | 63,099,000 | 63,590,000 |