Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 335,057,000 | 335,494,000 | 348,740,000 | 346,935,000 |
| Total loans | 210,071,000 | 217,152,000 | 221,769,000 | 215,169,000 |
| Allowance for loan losses | 2,785,000 | 2,901,000 | 2,895,000 | 2,891,000 |
| Securities available for sale | 84,708,000 | 80,085,000 | 75,737,000 | 69,866,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,727,000 | 291,142,000 | 305,368,000 | 304,655,000 |
| Interest-bearing deposits | 216,316,000 | 218,257,000 | 226,551,000 | 222,640,000 |
| Noninterest-bearing deposits | 75,411,000 | 72,884,000 | 78,817,000 | 82,015,000 |
| Equity capital | 28,280,000 | 28,866,000 | 37,775,000 | 36,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,502,000 | 9,162,000 | 14,040,000 | 19,032,000 |
| Interest expense | 1,358,000 | 2,916,000 | 4,548,000 | 6,176,000 |
| Net interest income | 3,144,000 | 6,246,000 | 9,492,000 | 12,856,000 |
| Noninterest income | 235,000 | 481,000 | 708,000 | 917,000 |
| Noninterest expense | 2,211,000 | 4,414,000 | 6,804,000 | 9,467,000 |
| Provision for loan losses | 138,000 | 288,000 | 288,000 | 288,000 |
| Pretax income | 1,030,000 | 2,025,000 | 3,108,000 | 4,018,000 |
| Income tax | 208,000 | 409,000 | 629,000 | 816,000 |
| Net income | 822,000 | 1,616,000 | 2,479,000 | 3,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,183,000 | 36,188,000 | 43,126,000 | 43,877,000 |
| Total capital | 38,968,000 | 39,089,000 | 46,021,000 | 46,768,000 |
| Risk-weighted assets | 247,733,000 | 264,781,000 | 270,643,000 | 251,993,000 |