Call reports 2008
CITIZENS STATE BANK — 2008
What CITIZENS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 52,957,000 | 54,394,000 | 57,034,000 | 60,042,000 |
| Total loans | 29,374,000 | 35,881,000 | 42,240,000 | 45,033,000 |
| Allowance for loan losses | 326,000 | 343,000 | 358,000 | 362,000 |
| Securities available for sale | 10,333,000 | 9,212,000 | 9,133,000 | 8,957,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,969,000 | 49,647,000 | 51,918,000 | 54,042,000 |
| Interest-bearing deposits | 36,013,000 | 40,919,000 | 43,586,000 | 44,144,000 |
| Noninterest-bearing deposits | 11,956,000 | 8,728,000 | 8,332,000 | 9,898,000 |
| Equity capital | 4,530,000 | 4,492,000 | 4,848,000 | 5,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 810,000 | 1,678,000 | 2,554,000 | 3,499,000 |
| Interest expense | 376,000 | 717,000 | 1,053,000 | 1,385,000 |
| Net interest income | 434,000 | 961,000 | 1,501,000 | 2,114,000 |
| Noninterest income | 129,000 | 226,000 | 338,000 | 446,000 |
| Noninterest expense | 426,000 | 874,000 | 1,322,000 | 1,807,000 |
| Provision for loan losses | 0 | 0 | 9,000 | 9,000 |
| Pretax income | 137,000 | 313,000 | 508,000 | 744,000 |
| Income tax | -107,000 | -81,000 | -56,000 | -32,000 |
| Net income | 244,000 | 394,000 | 564,000 | 776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,434,000 | 4,585,000 | 4,755,000 | 4,901,000 |
| Total capital | 4,760,000 | 4,928,000 | 5,113,000 | 5,263,000 |
| Risk-weighted assets | 31,420,000 | 35,394,000 | 39,212,000 | 40,668,000 |