Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 114,771,000 | 113,739,000 | 115,614,000 | 121,148,000 |
| Total loans | 69,415,000 | 69,362,000 | 73,029,000 | 73,139,000 |
| Allowance for loan losses | 496,000 | 509,000 | 520,000 | 501,000 |
| Securities available for sale | 33,100,000 | 33,319,000 | 31,561,000 | 34,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,674,000 | 92,719,000 | 91,559,000 | 99,419,000 |
| Interest-bearing deposits | 51,418,000 | 51,864,000 | 53,702,000 | 57,938,000 |
| Noninterest-bearing deposits | 42,256,000 | 40,855,000 | 37,857,000 | 41,481,000 |
| Equity capital | 18,465,000 | 18,438,000 | 17,547,000 | 19,029,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,137,000 | 2,385,000 | 3,667,000 | 5,086,000 |
| Interest expense | 240,000 | 554,000 | 927,000 | 1,374,000 |
| Net interest income | 897,000 | 1,831,000 | 2,740,000 | 3,712,000 |
| Noninterest income | 124,000 | 200,000 | 366,000 | 441,000 |
| Noninterest expense | 642,000 | 1,286,000 | 1,942,000 | 2,636,000 |
| Provision for loan losses | 10,000 | 25,000 | 40,000 | 55,000 |
| Pretax income | 376,000 | 732,000 | 1,141,000 | 1,491,000 |
| Income tax | -28,000 | -21,000 | -14,000 | 33,000 |
| Net income | 404,000 | 753,000 | 1,155,000 | 1,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,729,000 | 22,954,000 | 23,233,000 | 23,045,000 |