Call reports 2016
CITIZENS STATE BANK NORWOOD YOUNG AMERICA — 2016
What CITIZENS STATE BANK NORWOOD YOUNG AMERICA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 77,188,000 | 78,416,000 | 78,627,000 | 82,092,000 |
| Total loans | 52,288,000 | 52,384,000 | 53,816,000 | 54,726,000 |
| Allowance for loan losses | 615,000 | 657,000 | 663,000 | 677,000 |
| Securities available for sale | 1,000 | 1,000 | 1,000 | 1,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,694,000 | 66,790,000 | 66,685,000 | 70,060,000 |
| Interest-bearing deposits | 53,015,000 | 54,162,000 | 53,280,000 | 56,433,000 |
| Noninterest-bearing deposits | 12,679,000 | 12,628,000 | 13,405,000 | 13,627,000 |
| Equity capital | 11,093,000 | 11,270,000 | 11,485,000 | 11,677,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 831,000 | 1,655,000 | 2,497,000 | 3,329,000 |
| Interest expense | 49,000 | 99,000 | 149,000 | 200,000 |
| Net interest income | 782,000 | 1,556,000 | 2,348,000 | 3,129,000 |
| Noninterest income | 107,000 | 225,000 | 380,000 | 517,000 |
| Noninterest expense | 583,000 | 1,163,000 | 1,726,000 | 2,317,000 |
| Provision for loan losses | 9,000 | 23,000 | 36,000 | 50,000 |
| Pretax income | 297,000 | 595,000 | 966,000 | 1,279,000 |
| Income tax | 121,000 | 241,000 | 397,000 | 519,000 |
| Net income | 176,000 | 354,000 | 569,000 | 760,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,927,000 | 8,104,000 | 8,319,000 | 8,511,000 |
| Total capital | 8,542,000 | 8,761,000 | 8,982,000 | 9,188,000 |
| Risk-weighted assets | 55,760,000 | 55,967,000 | 57,527,000 | 58,720,000 |