Call reports 2008
CITIZENS STATE BANK OF LANKIN — 2008
What CITIZENS STATE BANK OF LANKIN 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 | 41,908,000 | 40,978,000 | 39,644,000 | 36,604,000 |
| Total loans | 28,133,000 | 27,525,000 | 26,893,000 | 26,449,000 |
| Allowance for loan losses | 1,419,000 | 733,000 | 856,000 | 944,000 |
| Securities available for sale | 6,331,000 | 6,240,000 | 5,532,000 | 5,581,000 |
| Securities held to maturity | 25,000 | 25,000 | 25,000 | 24,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,003,000 | 37,394,000 | 35,883,000 | 33,234,000 |
| Interest-bearing deposits | 34,021,000 | 33,169,000 | 31,440,000 | 28,727,000 |
| Noninterest-bearing deposits | 3,982,000 | 4,225,000 | 4,443,000 | 4,507,000 |
| Equity capital | 3,552,000 | 3,302,000 | 3,423,000 | 3,199,000 |
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 | 745,000 | 1,349,000 | 1,966,000 | 2,558,000 |
| Interest expense | 283,000 | 541,000 | 778,000 | 971,000 |
| Net interest income | 462,000 | 808,000 | 1,188,000 | 1,587,000 |
| Noninterest income | 44,000 | 80,000 | 146,000 | -149,000 |
| Noninterest expense | 422,000 | 741,000 | 1,211,000 | 1,724,000 |
| Provision for loan losses | 0 | 235,000 | 585,000 | 585,000 |
| Pretax income | 84,000 | -88,000 | -462,000 | -871,000 |
| Income tax | 5,000 | 0 | 0 | -121,000 |
| Net income | 79,000 | -88,000 | -462,000 | -750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,498,000 | 3,331,000 | 3,458,000 | 3,170,000 |
| Total capital | 3,913,000 | 3,732,000 | 3,852,000 | 3,554,000 |
| Risk-weighted assets | 32,188,000 | 31,728,000 | 31,050,000 | 30,101,000 |