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 | 128,959,000 | 119,927,000 | 114,966,000 | 119,662,000 |
| Total loans | 63,732,000 | 62,140,000 | 63,761,000 | 67,862,000 |
| Allowance for loan losses | 822,000 | 635,000 | 971,000 | 822,000 |
| Securities available for sale | 48,367,000 | 46,116,000 | 37,266,000 | 35,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,672,000 | 110,177,000 | 106,944,000 | 110,992,000 |
| Interest-bearing deposits | 91,722,000 | 90,946,000 | 89,876,000 | 89,618,000 |
| Noninterest-bearing deposits | 21,950,000 | 19,231,000 | 17,068,000 | 21,374,000 |
| Equity capital | 10,644,000 | 7,278,000 | 6,004,000 | 7,562,000 |
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 | 1,939,000 | 3,921,000 | 5,855,000 | 7,701,000 |
| Interest expense | 635,000 | 1,148,000 | 1,648,000 | 2,039,000 |
| Net interest income | 1,304,000 | 2,773,000 | 4,207,000 | 5,662,000 |
| Noninterest income | 1,851,000 | 2,930,000 | 3,875,000 | 4,922,000 |
| Noninterest expense | 3,381,000 | 6,702,000 | 9,548,000 | 12,207,000 |
| Provision for loan losses | 41,000 | 101,000 | 551,000 | 676,000 |
| Pretax income | -271,000 | -2,022,000 | -2,937,000 | -3,258,000 |
| Income tax | -177,000 | 290,000 | 290,000 | 290,000 |
| Net income | -94,000 | -2,312,000 | -3,227,000 | -3,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,765,000 | 6,000,000 | 4,431,000 | 6,089,000 |
| Total capital | 10,587,000 | 6,635,000 | 5,402,000 | 6,911,000 |
| Risk-weighted assets | 80,190,000 | 79,901,000 | 78,074,000 | 76,793,000 |