Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 234,349,000 | 230,436,000 | 240,796,000 | 244,719,000 |
| Total loans | 173,973,000 | 174,975,000 | 179,303,000 | 187,822,000 |
| Allowance for loan losses | 2,399,000 | 2,500,000 | 2,500,000 | 2,500,000 |
| Securities available for sale | 28,889,000 | 26,327,000 | 20,914,000 | 25,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,231,000 | 206,349,000 | 215,918,000 | 219,376,000 |
| Interest-bearing deposits | 151,660,000 | 151,605,000 | 160,745,000 | 161,269,000 |
| Noninterest-bearing deposits | 59,571,000 | 54,744,000 | 55,173,000 | 58,107,000 |
| Equity capital | 22,490,000 | 23,350,000 | 24,055,000 | 24,681,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,554,000 | 7,240,000 | 11,071,000 | 15,058,000 |
| Interest expense | 1,351,000 | 2,700,000 | 4,168,000 | 5,589,000 |
| Net interest income | 2,203,000 | 4,540,000 | 6,903,000 | 9,469,000 |
| Noninterest income | 165,000 | 530,000 | 731,000 | 950,000 |
| Noninterest expense | 1,081,000 | 2,103,000 | 3,203,000 | 4,313,000 |
| Provision for loan losses | 0 | 54,000 | 54,000 | 54,000 |
| Pretax income | 1,287,000 | 2,913,000 | 4,377,000 | 6,052,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,287,000 | 2,913,000 | 4,377,000 | 6,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,060,000 | 23,912,000 | 24,400,000 | 25,195,000 |