Call reports 2024
CITIZENS STATE BANK NORWOOD YOUNG AMERICA — 2024
What CITIZENS STATE BANK NORWOOD YOUNG AMERICA 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 | 128,457,000 | 135,219,000 | 137,028,000 | 133,568,000 |
| Total loans | 65,727,000 | 63,528,000 | 64,860,000 | 67,903,000 |
| Allowance for loan losses | 764,000 | 794,000 | 794,000 | 794,000 |
| Securities available for sale | 31,318,000 | 30,480,000 | 31,083,000 | 33,055,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,373,000 | 116,705,000 | 117,445,000 | 120,150,000 |
| Interest-bearing deposits | 82,588,000 | 83,988,000 | 87,744,000 | 89,486,000 |
| Noninterest-bearing deposits | 27,785,000 | 32,717,000 | 29,701,000 | 30,664,000 |
| Equity capital | 11,404,000 | 11,650,000 | 12,542,000 | 12,824,000 |
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 | 1,462,000 | 3,102,000 | 4,706,000 | 6,336,000 |
| Interest expense | 518,000 | 1,067,000 | 1,630,000 | 2,123,000 |
| Net interest income | 944,000 | 2,035,000 | 3,076,000 | 4,213,000 |
| Noninterest income | 107,000 | 205,000 | 328,000 | 441,000 |
| Noninterest expense | 675,000 | 1,410,000 | 2,165,000 | 2,920,000 |
| Provision for loan losses | 20,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 358,000 | 775,000 | 1,190,000 | 1,688,000 |
| Income tax | -3,000 | 59,000 | 90,000 | 163,000 |
| Net income | 361,000 | 716,000 | 1,100,000 | 1,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,813,000 | 9,915,000 | 10,173,000 | 10,444,000 |
| Total capital | 10,581,000 | 10,713,000 | 10,971,000 | 11,242,000 |
| Risk-weighted assets | 68,637,000 | 68,426,000 | 69,828,000 | 70,661,000 |