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 | 76,136,000 | 76,806,000 | 75,693,000 | 78,792,000 |
| Total loans | 35,250,000 | 34,795,000 | 35,501,000 | 36,342,000 |
| Allowance for loan losses | 558,000 | 554,000 | 542,000 | 505,000 |
| Securities available for sale | 31,333,000 | 32,741,000 | 32,750,000 | 35,684,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,007,000 | 59,574,000 | 58,388,000 | 61,234,000 |
| Interest-bearing deposits | 52,523,000 | 52,654,000 | 52,115,000 | 52,984,000 |
| Noninterest-bearing deposits | 6,484,000 | 6,920,000 | 6,272,000 | 8,250,000 |
| Equity capital | 16,199,000 | 15,800,000 | 15,874,000 | 16,301,000 |
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 | 1,119,000 | 2,211,000 | 3,314,000 | 4,428,000 |
| Interest expense | 420,000 | 810,000 | 1,180,000 | 1,541,000 |
| Net interest income | 699,000 | 1,401,000 | 2,134,000 | 2,887,000 |
| Noninterest income | 92,000 | 165,000 | 264,000 | 340,000 |
| Noninterest expense | 415,000 | 821,000 | 1,226,000 | 1,757,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 389,000 | 762,000 | 1,189,000 | 1,483,000 |
| Income tax | 19,000 | 38,000 | 59,000 | 80,000 |
| Net income | 370,000 | 724,000 | 1,130,000 | 1,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,287,000 | 15,487,000 | 15,816,000 | 15,580,000 |
| Total capital | 15,841,000 | 16,041,000 | 16,358,000 | 16,085,000 |
| Risk-weighted assets | 43,588,000 | 43,696,000 | 43,981,000 | 44,801,000 |