Call reports 2003
CITIZENS STATE BANK — 2003
What CITIZENS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 66,364,000 | 67,611,000 | 69,840,000 | 71,499,000 |
| Total loans | 17,970,000 | 17,852,000 | 18,260,000 | 18,632,000 |
| Allowance for loan losses | 226,000 | 260,000 | 294,000 | 310,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 40,390,000 | 39,890,000 | 42,390,000 | 42,390,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,320,000 | 58,504,000 | 60,578,000 | 62,329,000 |
| Interest-bearing deposits | 49,202,000 | 50,672,000 | 53,319,000 | 55,240,000 |
| Noninterest-bearing deposits | 8,119,000 | 7,832,000 | 7,259,000 | 7,088,000 |
| Equity capital | 8,798,000 | 8,924,000 | 9,086,000 | 8,970,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 881,000 | 1,729,000 | 2,617,000 | 3,421,000 |
| Interest expense | 357,000 | 696,000 | 1,008,000 | 1,304,000 |
| Net interest income | 524,000 | 1,033,000 | 1,609,000 | 2,117,000 |
| Noninterest income | 89,000 | 170,000 | 256,000 | 430,000 |
| Noninterest expense | 260,000 | 539,000 | 809,000 | 1,160,000 |
| Provision for loan losses | 15,000 | 47,000 | 77,000 | 117,000 |
| Pretax income | 344,000 | 685,000 | 1,082,000 | 1,373,000 |
| Income tax | 116,000 | 232,000 | 366,000 | 467,000 |
| Net income | 228,000 | 453,000 | 716,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,473,000 | 4,599,000 | 4,761,000 | 4,645,000 |
| Total capital | 4,699,000 | 4,860,000 | 5,055,000 | 4,955,000 |
| Risk-weighted assets | 22,839,000 | 22,983,000 | 23,875,000 | 26,391,000 |