Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 288,732,000 | 293,819,000 | 295,339,000 | 310,588,000 |
| Total loans | 164,007,000 | 179,164,000 | 188,126,000 | 203,135,000 |
| Allowance for loan losses | 1,238,000 | 1,334,000 | 1,422,000 | 2,650,000 |
| Securities available for sale | 98,322,000 | 95,513,000 | 87,645,000 | 88,720,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,051,000 | 259,151,000 | 267,214,000 | 274,212,000 |
| Interest-bearing deposits | 198,411,000 | 195,232,000 | 199,235,000 | 206,481,000 |
| Noninterest-bearing deposits | 63,640,000 | 63,918,000 | 67,979,000 | 67,731,000 |
| Equity capital | 25,422,000 | 26,091,000 | 24,968,000 | 28,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,225,000 | 6,850,000 | 10,704,000 | 14,822,000 |
| Interest expense | 610,000 | 1,487,000 | 2,523,000 | 3,705,000 |
| Net interest income | 2,615,000 | 5,363,000 | 8,181,000 | 11,117,000 |
| Noninterest income | 277,000 | 555,000 | 808,000 | 1,891,000 |
| Noninterest expense | 2,285,000 | 4,285,000 | 6,607,000 | 9,053,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 1,513,000 |
| Pretax income | 508,000 | 1,444,000 | 2,083,000 | 2,413,000 |
| Income tax | 121,000 | 281,000 | 408,000 | 469,000 |
| Net income | 387,000 | 1,163,000 | 1,675,000 | 1,944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,580,000 | 34,355,000 | 34,941,000 | 35,286,000 |
| Total capital | 34,818,000 | 35,689,000 | 36,363,000 | 37,936,000 |
| Risk-weighted assets | 196,255,000 | 208,411,000 | 219,839,000 | 240,395,000 |