Call reports 2008
CITIZENS STATE BANK — 2008
What CITIZENS STATE BANK 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 | 72,814,000 | 69,547,000 | 66,958,000 | 67,107,000 |
| Total loans | 64,443,000 | 57,895,000 | 56,561,000 | 53,431,000 |
| Allowance for loan losses | 396,000 | 285,000 | 304,000 | 324,000 |
| Securities available for sale | 1,383,000 | 1,006,000 | 2,883,000 | 2,731,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,170,000 | 54,678,000 | 51,983,000 | 53,053,000 |
| Interest-bearing deposits | 51,313,000 | 48,601,000 | 45,721,000 | 46,480,000 |
| Noninterest-bearing deposits | 5,857,000 | 6,077,000 | 6,262,000 | 6,573,000 |
| Equity capital | 8,810,000 | 8,892,000 | 8,952,000 | 8,897,000 |
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 | 1,153,000 | 2,223,000 | 3,251,000 | 4,144,000 |
| Interest expense | 553,000 | 1,031,000 | 1,445,000 | 1,824,000 |
| Net interest income | 600,000 | 1,192,000 | 1,806,000 | 2,320,000 |
| Noninterest income | 198,000 | 425,000 | 619,000 | 748,000 |
| Noninterest expense | 532,000 | 1,101,000 | 1,666,000 | 2,225,000 |
| Provision for loan losses | 0 | 34,000 | 110,000 | 210,000 |
| Pretax income | 266,000 | 482,000 | 649,000 | 633,000 |
| Income tax | 99,000 | 178,000 | 239,000 | 228,000 |
| Net income | 167,000 | 304,000 | 410,000 | 405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,461,000 | 6,572,000 | 6,629,000 | 6,577,000 |
| Total capital | 6,857,000 | 6,857,000 | 6,933,000 | 6,901,000 |
| Risk-weighted assets | 66,037,000 | 58,717,000 | 57,057,000 | 53,674,000 |