Call reports 2003
CITIZENS STATE BANK OF CORTEZ, THE — 2003
What CITIZENS STATE BANK OF CORTEZ, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 68,887,000 | 72,039,000 | 75,851,000 | 77,288,000 |
| Total loans | 41,711,000 | 42,523,000 | 44,783,000 | 44,891,000 |
| Allowance for loan losses | 598,000 | 668,000 | 827,000 | 753,000 |
| Securities available for sale | 16,797,000 | 19,788,000 | 22,096,000 | 22,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,600,000 | 60,129,000 | 61,223,000 | 59,940,000 |
| Interest-bearing deposits | 40,658,000 | 41,051,000 | 41,247,000 | 40,146,000 |
| Noninterest-bearing deposits | 16,942,000 | 19,078,000 | 19,976,000 | 19,794,000 |
| Equity capital | 6,032,000 | 6,297,000 | 6,145,000 | 6,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,881,000 | 2,910,000 | 3,901,000 |
| Interest expense | 203,000 | 401,000 | 591,000 | 782,000 |
| Net interest income | 730,000 | 1,480,000 | 2,319,000 | 3,119,000 |
| Noninterest income | 550,000 | 1,190,000 | 1,805,000 | 2,259,000 |
| Noninterest expense | 1,000,000 | 2,019,000 | 3,056,000 | 3,984,000 |
| Provision for loan losses | 76,000 | 164,000 | 341,000 | 384,000 |
| Pretax income | 305,000 | 588,000 | 829,000 | 1,117,000 |
| Income tax | 86,000 | 167,000 | 225,000 | 300,000 |
| Net income | 219,000 | 421,000 | 604,000 | 817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,294,000 | 5,495,000 | 5,488,000 | 5,699,000 |
| Total capital | 5,892,000 | 6,127,000 | 6,152,000 | 6,382,000 |
| Risk-weighted assets | 48,544,000 | 49,709,000 | 52,157,000 | 53,783,000 |