Call reports 2023
CITIZENS STATE BANK, THE — 2023
What CITIZENS STATE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 386,028,000 | 373,011,000 | 385,953,000 | 399,900,000 |
| Total loans | 274,994,000 | 271,218,000 | 294,865,000 | 306,248,000 |
| Allowance for loan losses | 3,593,000 | 3,620,000 | 3,664,000 | 3,750,000 |
| Securities available for sale | 71,617,000 | 69,165,000 | 64,643,000 | 66,763,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,083,000 | 319,627,000 | 315,614,000 | 321,642,000 |
| Interest-bearing deposits | 262,037,000 | 265,179,000 | 267,595,000 | 272,864,000 |
| Noninterest-bearing deposits | 61,046,000 | 54,448,000 | 48,019,000 | 48,778,000 |
| Equity capital | 28,537,000 | 27,364,000 | 25,255,000 | 28,984,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,387,000 | 9,019,000 | 14,105,000 | 19,339,000 |
| Interest expense | 1,016,000 | 2,408,000 | 4,003,000 | 5,858,000 |
| Net interest income | 3,371,000 | 6,611,000 | 10,102,000 | 13,481,000 |
| Noninterest income | 179,000 | 344,000 | 510,000 | 764,000 |
| Noninterest expense | 1,352,000 | 2,735,000 | 4,073,000 | 5,517,000 |
| Provision for loan losses | 0 | 25,000 | 75,000 | 175,000 |
| Pretax income | 2,198,000 | 4,195,000 | 6,464,000 | 8,553,000 |
| Income tax | 71,000 | 156,000 | 254,000 | 264,000 |
| Net income | 2,127,000 | 4,039,000 | 6,210,000 | 8,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,187,000 | 38,280,000 | 38,686,000 | 38,998,000 |