Call reports 2020
CITIZENS STATE BANK — 2020
What CITIZENS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 99,030,000 | 103,685,000 | 104,714,000 | 109,610,000 |
| Total loans | 49,904,000 | 53,058,000 | 57,400,000 | 53,617,000 |
| Allowance for loan losses | 697,000 | 697,000 | 698,000 | 454,000 |
| Securities available for sale | 29,975,000 | 31,253,000 | 31,678,000 | 32,291,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,449,000 | 76,537,000 | 77,436,000 | 82,975,000 |
| Interest-bearing deposits | 61,009,000 | 62,891,000 | 62,275,000 | 65,033,000 |
| Noninterest-bearing deposits | 11,440,000 | 13,646,000 | 15,161,000 | 17,942,000 |
| Equity capital | 22,849,000 | 23,553,000 | 23,771,000 | 23,217,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,002,000 | 1,917,000 | 2,885,000 | 3,807,000 |
| Interest expense | 173,000 | 332,000 | 464,000 | 605,000 |
| Net interest income | 829,000 | 1,585,000 | 2,421,000 | 3,202,000 |
| Noninterest income | 67,000 | 183,000 | 299,000 | 266,000 |
| Noninterest expense | 541,000 | 1,056,000 | 1,616,000 | 2,287,000 |
| Provision for loan losses | 0 | 0 | 0 | 110,000 |
| Pretax income | 357,000 | 714,000 | 1,106,000 | 1,073,000 |
| Income tax | 18,000 | 35,000 | 55,000 | 20,000 |
| Net income | 339,000 | 679,000 | 1,051,000 | 1,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,792,000 | 22,008,000 | 22,257,000 | 21,748,000 |
| Total capital | 22,489,000 | 22,705,000 | 22,955,000 | 22,202,000 |
| Risk-weighted assets | 61,065,000 | 63,518,000 | 68,194,000 | 66,559,000 |