Call reports 2002
CITIZENS STATE BANK OF MILFORD — 2002
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 33,183,000 | 30,550,000 | 30,943,000 | 36,317,000 |
| Total loans | 19,929,000 | 20,880,000 | 21,978,000 | 21,614,000 |
| Allowance for loan losses | 136,000 | 136,000 | 135,000 | 135,000 |
| Securities available for sale | 8,295,000 | 6,551,000 | 6,198,000 | 6,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,286,000 | 26,440,000 | 26,919,000 | 32,483,000 |
| Interest-bearing deposits | 26,024,000 | 23,650,000 | 23,955,000 | 28,064,000 |
| Noninterest-bearing deposits | 3,262,000 | 2,790,000 | 2,964,000 | 4,419,000 |
| Equity capital | 3,705,000 | 3,796,000 | 3,830,000 | 3,693,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 511,000 | 1,002,000 | 1,478,000 | 1,937,000 |
| Interest expense | 205,000 | 379,000 | 549,000 | 736,000 |
| Net interest income | 306,000 | 623,000 | 929,000 | 1,201,000 |
| Noninterest income | 41,000 | 81,000 | 136,000 | 184,000 |
| Noninterest expense | 279,000 | 556,000 | 825,000 | 1,121,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 150,000 | 242,000 | 291,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 150,000 | 242,000 | 291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,650,000 | 3,671,000 | 3,693,000 | 3,612,000 |
| Total capital | 3,786,000 | 3,807,000 | 3,828,000 | 3,747,000 |
| Risk-weighted assets | 23,445,000 | 23,561,000 | 24,645,000 | 25,624,000 |