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 | 43,894,000 | 39,251,000 | 40,355,000 | 38,285,000 |
| Total loans | 12,588,000 | 12,364,000 | 11,370,000 | 10,206,000 |
| Allowance for loan losses | 285,000 | 289,000 | 310,000 | 309,000 |
| Securities available for sale | 21,919,000 | 17,907,000 | 16,080,000 | 19,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,124,000 | 29,703,000 | 30,452,000 | 28,178,000 |
| Interest-bearing deposits | 27,273,000 | 22,688,000 | 23,008,000 | 21,510,000 |
| Noninterest-bearing deposits | 6,851,000 | 7,015,000 | 7,444,000 | 6,668,000 |
| Equity capital | 9,635,000 | 9,414,000 | 9,667,000 | 9,836,000 |
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 | 552,000 | 1,055,000 | 1,520,000 | 1,959,000 |
| Interest expense | 254,000 | 471,000 | 641,000 | 794,000 |
| Net interest income | 298,000 | 584,000 | 879,000 | 1,165,000 |
| Noninterest income | 72,000 | 139,000 | 210,000 | 209,000 |
| Noninterest expense | 283,000 | 564,000 | 840,000 | 1,142,000 |
| Provision for loan losses | 15,000 | 25,000 | 40,000 | 40,000 |
| Pretax income | 72,000 | 134,000 | 217,000 | 334,000 |
| Income tax | 19,000 | 45,000 | 87,000 | 148,000 |
| Net income | 53,000 | 89,000 | 130,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,257,000 | 5,294,000 | 5,334,000 | 5,390,000 |
| Total capital | 5,471,000 | 5,494,000 | 5,526,000 | 5,556,000 |
| Risk-weighted assets | 17,023,000 | 15,876,000 | 15,235,000 | 13,105,000 |