Call reports 2007
CITIZENS STATE BANK — 2007
What CITIZENS STATE BANK 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 | 43,179,000 | 44,419,000 | 47,592,000 | 50,451,000 |
| Total loans | 25,900,000 | 28,360,000 | 28,985,000 | 27,592,000 |
| Allowance for loan losses | 262,000 | 300,000 | 307,000 | 311,000 |
| Securities available for sale | 6,146,000 | 7,007,000 | 6,821,000 | 6,179,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,835,000 | 40,096,000 | 42,919,000 | 45,672,000 |
| Interest-bearing deposits | 30,919,000 | 29,527,000 | 31,990,000 | 35,660,000 |
| Noninterest-bearing deposits | 7,916,000 | 10,569,000 | 10,929,000 | 10,012,000 |
| Equity capital | 3,875,000 | 3,905,000 | 4,096,000 | 4,234,000 |
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 | 692,000 | 1,459,000 | 2,268,000 | 3,083,000 |
| Interest expense | 282,000 | 596,000 | 942,000 | 1,304,000 |
| Net interest income | 410,000 | 863,000 | 1,326,000 | 1,779,000 |
| Noninterest income | 132,000 | 265,000 | 413,000 | 549,000 |
| Noninterest expense | 371,000 | 783,000 | 1,192,000 | 1,675,000 |
| Provision for loan losses | 15,000 | 65,000 | 70,000 | 70,000 |
| Pretax income | 156,000 | 280,000 | 477,000 | 583,000 |
| Income tax | 51,000 | 95,000 | 162,000 | 146,000 |
| Net income | 105,000 | 185,000 | 315,000 | 437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,883,000 | 3,964,000 | 4,093,000 | 4,190,000 |
| Total capital | 4,145,000 | 4,265,000 | 4,400,000 | 4,501,000 |
| Risk-weighted assets | 26,754,000 | 28,571,000 | 29,891,000 | 30,130,000 |