Call reports 2007
CITIZENS STATE BANK OF CORTEZ, THE — 2007
What CITIZENS STATE BANK OF CORTEZ, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 77,763,000 | 83,908,000 | 87,391,000 | 90,365,000 |
| Total loans | 39,826,000 | 50,000,000 | 56,490,000 | 55,614,000 |
| Allowance for loan losses | 565,000 | 688,000 | 661,000 | 661,000 |
| Securities available for sale | 20,458,000 | 11,477,000 | 12,457,000 | 12,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,386,000 | 61,052,000 | 63,269,000 | 67,772,000 |
| Interest-bearing deposits | 39,383,000 | 37,296,000 | 37,751,000 | 43,114,000 |
| Noninterest-bearing deposits | 24,003,000 | 23,756,000 | 25,517,000 | 24,658,000 |
| Equity capital | 6,480,000 | 16,576,000 | 17,036,000 | 17,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,176,000 | 1,202,000 | 2,521,000 | 3,859,000 |
| Interest expense | 304,000 | 328,000 | 646,000 | 1,014,000 |
| Net interest income | 872,000 | 874,000 | 1,875,000 | 2,845,000 |
| Noninterest income | 276,000 | 309,000 | 626,000 | 981,000 |
| Noninterest expense | 972,000 | 711,000 | 1,457,000 | 2,207,000 |
| Provision for loan losses | 38,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | 138,000 | 463,000 | 1,035,000 | 1,610,000 |
| Income tax | 39,000 | 153,000 | 359,000 | 547,000 |
| Net income | 99,000 | 310,000 | 676,000 | 1,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,715,000 | 6,961,000 | 7,167,000 | 7,608,000 |
| Total capital | 7,280,000 | 7,602,000 | 7,828,000 | 8,269,000 |
| Risk-weighted assets | 50,465,000 | 50,498,000 | 55,611,000 | 54,668,000 |