Call reports 2021
CITIZENS STATE BANK — 2021
What CITIZENS STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 190,147,000 | 192,009,000 | 232,493,000 | 241,160,000 |
| Total loans | 93,989,000 | 78,334,000 | 67,097,000 | 60,489,000 |
| Allowance for loan losses | 1,075,000 | 1,112,000 | 1,336,000 | 1,188,000 |
| Securities available for sale | 41,797,000 | 31,800,000 | 59,136,000 | 73,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,882,000 | 175,141,000 | 198,738,000 | 208,465,000 |
| Interest-bearing deposits | 121,479,000 | 125,905,000 | 143,775,000 | 140,915,000 |
| Noninterest-bearing deposits | 51,403,000 | 49,236,000 | 54,963,000 | 67,550,000 |
| Equity capital | 15,623,000 | 15,447,000 | 32,794,000 | 31,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,349,000 | 2,552,000 | 3,643,000 | 4,655,000 |
| Interest expense | 102,000 | 198,000 | 293,000 | 379,000 |
| Net interest income | 1,247,000 | 2,354,000 | 3,350,000 | 4,276,000 |
| Noninterest income | 260,000 | 523,000 | 792,000 | 1,076,000 |
| Noninterest expense | 1,351,000 | 2,720,000 | 4,539,000 | 6,114,000 |
| Provision for loan losses | 30,000 | 60,000 | 324,000 | 624,000 |
| Pretax income | 126,000 | 97,000 | -724,000 | -1,435,000 |
| Income tax | -10,000 | -29,000 | -148,000 | -304,000 |
| Net income | 136,000 | 126,000 | -576,000 | -1,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,700,000 | 15,540,000 | 32,963,000 | 32,408,000 |
| Total capital | 16,686,000 | 16,400,000 | 33,736,000 | 33,248,000 |
| Risk-weighted assets | 78,797,000 | 68,618,000 | 61,326,000 | 66,893,000 |