Call reports 2003
CITIZENS STATE BANK — 2003
What CITIZENS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 56,026,000 | 57,540,000 | 58,354,000 | 56,301,000 |
| Total loans | 38,594,000 | 41,050,000 | 42,944,000 | 44,548,000 |
| Allowance for loan losses | 351,000 | 385,000 | 429,000 | 504,000 |
| Securities available for sale | 4,619,000 | 3,728,000 | 3,243,000 | 3,200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,279,000 | 43,508,000 | 44,464,000 | 41,225,000 |
| Interest-bearing deposits | 39,207,000 | 39,431,000 | 39,741,000 | 36,320,000 |
| Noninterest-bearing deposits | 4,072,000 | 4,077,000 | 4,723,000 | 4,905,000 |
| Equity capital | 6,610,000 | 6,720,000 | 6,646,000 | 6,533,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 733,000 | 1,529,000 | 2,285,000 | 3,023,000 |
| Interest expense | 325,000 | 654,000 | 955,000 | 1,242,000 |
| Net interest income | 408,000 | 875,000 | 1,330,000 | 1,781,000 |
| Noninterest income | 125,000 | 256,000 | 415,000 | 525,000 |
| Noninterest expense | 403,000 | 814,000 | 1,233,000 | 1,662,000 |
| Provision for loan losses | 0 | 34,000 | 74,000 | 171,000 |
| Pretax income | 130,000 | 283,000 | 438,000 | 473,000 |
| Income tax | 45,000 | 89,000 | 147,000 | 157,000 |
| Net income | 85,000 | 194,000 | 291,000 | 316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,060,000 | 4,179,000 | 4,137,000 | 4,048,000 |
| Total capital | 4,411,000 | 4,564,000 | 4,566,000 | 4,552,000 |
| Risk-weighted assets | 40,345,000 | 42,298,000 | 43,406,000 | 44,266,000 |