Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 118,997,000 | 119,180,000 | 123,378,000 | 126,357,000 |
| Total loans | 73,969,000 | 73,825,000 | 73,273,000 | 73,975,000 |
| Allowance for loan losses | 512,000 | 570,000 | 573,000 | 577,000 |
| Securities available for sale | 34,404,000 | 34,403,000 | 34,837,000 | 36,610,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,010,000 | 95,080,000 | 97,581,000 | 101,644,000 |
| Interest-bearing deposits | 57,472,000 | 73,356,000 | 75,348,000 | 77,954,000 |
| Noninterest-bearing deposits | 39,538,000 | 21,724,000 | 22,233,000 | 23,690,000 |
| Equity capital | 19,094,000 | 19,341,000 | 20,929,000 | 19,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,467,000 | 2,998,000 | 4,545,000 | 6,148,000 |
| Interest expense | 477,000 | 985,000 | 1,525,000 | 2,096,000 |
| Net interest income | 990,000 | 2,013,000 | 3,020,000 | 4,052,000 |
| Noninterest income | 94,000 | 161,000 | 220,000 | 281,000 |
| Noninterest expense | 639,000 | 1,330,000 | 1,973,000 | 2,763,000 |
| Provision for loan losses | 15,000 | 115,000 | 115,000 | 115,000 |
| Pretax income | 433,000 | 723,000 | 1,150,000 | 1,457,000 |
| Income tax | 4,000 | 23,000 | 43,000 | 62,000 |
| Net income | 429,000 | 700,000 | 1,107,000 | 1,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,350,000 | 23,499,000 | 23,783,000 | 23,519,000 |