Call reports 2002
CITIZENS STATE BANK OF CORTEZ, THE — 2002
What CITIZENS STATE BANK OF CORTEZ, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 66,828,000 | 69,989,000 | 68,764,000 | 67,028,000 |
| Total loans | 40,334,000 | 41,210,000 | 41,285,000 | 41,091,000 |
| Allowance for loan losses | 554,000 | 566,000 | 526,000 | 532,000 |
| Securities available for sale | 19,260,000 | 19,492,000 | 19,512,000 | 17,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,183,000 | 58,395,000 | 57,441,000 | 55,556,000 |
| Interest-bearing deposits | 38,876,000 | 41,225,000 | 39,369,000 | 38,424,000 |
| Noninterest-bearing deposits | 17,307,000 | 17,170,000 | 18,072,000 | 17,132,000 |
| Equity capital | 5,666,000 | 6,163,000 | 6,145,000 | 6,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,041,000 | 2,198,000 | 3,248,000 | 4,281,000 |
| Interest expense | 286,000 | 541,000 | 794,000 | 1,018,000 |
| Net interest income | 755,000 | 1,657,000 | 2,454,000 | 3,263,000 |
| Noninterest income | 617,000 | 1,067,000 | 1,482,000 | 2,127,000 |
| Noninterest expense | 1,013,000 | 1,987,000 | 3,029,000 | 4,104,000 |
| Provision for loan losses | 38,000 | 131,000 | 146,000 | 155,000 |
| Pretax income | 321,000 | 618,000 | 775,000 | 1,148,000 |
| Income tax | 97,000 | 173,000 | 208,000 | 292,000 |
| Net income | 224,000 | 445,000 | 567,000 | 856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,184,000 | 5,408,000 | 5,314,000 | 5,195,000 |
| Total capital | 5,738,000 | 5,974,000 | 5,840,000 | 5,727,000 |
| Risk-weighted assets | 47,470,000 | 48,591,000 | 48,227,000 | 48,464,000 |