Call reports 2004
CITIZENS STATE BANK OF CORTEZ, THE — 2004
What CITIZENS STATE BANK OF CORTEZ, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 77,302,000 | 79,064,000 | 77,396,000 | 77,432,000 |
| Total loans | 47,256,000 | 48,963,000 | 49,875,000 | 51,052,000 |
| Allowance for loan losses | 738,000 | 772,000 | 720,000 | 697,000 |
| Securities available for sale | 21,799,000 | 22,056,000 | 19,325,000 | 18,333,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,258,000 | 63,038,000 | 63,577,000 | 61,995,000 |
| Interest-bearing deposits | 40,981,000 | 42,114,000 | 41,198,000 | 40,236,000 |
| Noninterest-bearing deposits | 20,277,000 | 20,924,000 | 22,379,000 | 21,759,000 |
| Equity capital | 6,038,000 | 5,441,000 | 5,911,000 | 5,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 968,000 | 2,000,000 | 3,042,000 | 4,102,000 |
| Interest expense | 189,000 | 388,000 | 591,000 | 799,000 |
| Net interest income | 779,000 | 1,612,000 | 2,451,000 | 3,303,000 |
| Noninterest income | 415,000 | 775,000 | 1,104,000 | 1,253,000 |
| Noninterest expense | 1,021,000 | 1,814,000 | 2,601,000 | 3,346,000 |
| Provision for loan losses | -2,000 | 68,000 | 113,000 | 203,000 |
| Pretax income | 157,000 | 487,000 | 826,000 | 992,000 |
| Income tax | 59,000 | 154,000 | 252,000 | 293,000 |
| Net income | 98,000 | 333,000 | 574,000 | 699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,769,000 | 5,594,000 | 5,835,000 | 5,674,000 |
| Total capital | 6,486,000 | 6,329,000 | 6,555,000 | 6,371,000 |
| Risk-weighted assets | 56,565,000 | 57,923,000 | 57,987,000 | 57,626,000 |