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 | 105,720,000 | 103,588,000 | 106,994,000 | 110,839,000 |
| Total loans | 73,093,000 | 71,792,000 | 75,890,000 | 79,226,000 |
| Allowance for loan losses | 1,117,000 | 1,118,000 | 1,118,000 | 1,149,000 |
| Securities available for sale | 21,200,000 | 22,370,000 | 24,895,000 | 25,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,783,000 | 83,670,000 | 86,337,000 | 85,963,000 |
| Interest-bearing deposits | 72,314,000 | 70,535,000 | 73,840,000 | 72,591,000 |
| Noninterest-bearing deposits | 12,469,000 | 13,135,000 | 12,497,000 | 13,372,000 |
| Equity capital | 10,749,000 | 9,739,000 | 10,181,000 | 10,738,000 |
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 | 1,584,000 | 3,109,000 | 4,665,000 | 6,217,000 |
| Interest expense | 637,000 | 1,209,000 | 1,763,000 | 2,307,000 |
| Net interest income | 947,000 | 1,900,000 | 2,902,000 | 3,910,000 |
| Noninterest income | 141,000 | 309,000 | 521,000 | 686,000 |
| Noninterest expense | 701,000 | 1,365,000 | 1,990,000 | 2,733,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 387,000 | 891,000 | 1,480,000 | 1,880,000 |
| Income tax | 113,000 | 271,000 | 445,000 | 541,000 |
| Net income | 274,000 | 620,000 | 1,035,000 | 1,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,437,000 | 9,783,000 | 10,198,000 | 10,502,000 |
| Total capital | 11,435,000 | 10,767,000 | 11,239,000 | 11,582,000 |
| Risk-weighted assets | 79,684,000 | 78,589,000 | 83,204,000 | 86,357,000 |