Call reports 2020
CITIZENS STATE BANK NORWOOD YOUNG AMERICA — 2020
What CITIZENS STATE BANK NORWOOD YOUNG AMERICA 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 | 87,223,000 | 96,929,000 | 100,158,000 | 101,210,000 |
| Total loans | 54,704,000 | 67,511,000 | 65,366,000 | 62,864,000 |
| Allowance for loan losses | 716,000 | 791,000 | 806,000 | 749,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,818,000 | 84,016,000 | 87,116,000 | 88,376,000 |
| Interest-bearing deposits | 59,183,000 | 63,063,000 | 65,957,000 | 68,235,000 |
| Noninterest-bearing deposits | 15,635,000 | 20,953,000 | 21,159,000 | 20,141,000 |
| Equity capital | 12,051,000 | 12,500,000 | 12,553,000 | 12,531,000 |
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 | 909,000 | 1,773,000 | 2,724,000 | 3,554,000 |
| Interest expense | 101,000 | 175,000 | 234,000 | 282,000 |
| Net interest income | 808,000 | 1,598,000 | 2,490,000 | 3,272,000 |
| Noninterest income | 99,000 | 683,000 | 827,000 | 935,000 |
| Noninterest expense | 577,000 | 1,216,000 | 1,864,000 | 2,540,000 |
| Provision for loan losses | 75,000 | 150,000 | 165,000 | 250,000 |
| Pretax income | 255,000 | 915,000 | 1,288,000 | 1,417,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 253,000 | 913,000 | 1,286,000 | 1,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,885,000 | 9,334,000 | 9,387,000 | 9,365,000 |
| Total capital | 9,601,000 | 10,125,000 | 10,160,000 | 10,107,000 |
| Risk-weighted assets | 61,767,000 | 65,154,000 | 61,851,000 | 59,358,000 |