Call reports 2005
CITIZENS STATE BANK OF MILFORD — 2005
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 35,830,000 | 36,549,000 | 37,482,000 | 39,350,000 |
| Total loans | 20,941,000 | 22,296,000 | 23,751,000 | 24,698,000 |
| Allowance for loan losses | 134,000 | 136,000 | 136,000 | 136,000 |
| Securities available for sale | 10,023,000 | 9,745,000 | 9,404,000 | 8,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,070,000 | 30,567,000 | 31,518,000 | 36,402,000 |
| Interest-bearing deposits | 27,281,000 | 26,586,000 | 27,198,000 | 29,914,000 |
| Noninterest-bearing deposits | 4,789,000 | 3,981,000 | 4,320,000 | 6,488,000 |
| Equity capital | 3,686,000 | 2,947,000 | 2,941,000 | 2,830,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 459,000 | 918,000 | 1,396,000 | 1,897,000 |
| Interest expense | 109,000 | 227,000 | 368,000 | 523,000 |
| Net interest income | 350,000 | 691,000 | 1,028,000 | 1,374,000 |
| Noninterest income | 47,000 | 93,000 | 146,000 | 191,000 |
| Noninterest expense | 293,000 | 596,000 | 883,000 | 1,232,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 188,000 | 291,000 | 333,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 104,000 | 188,000 | 291,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,775,000 | 2,993,000 | 3,027,000 | 2,989,000 |
| Total capital | 3,909,000 | 3,129,000 | 3,163,000 | 3,125,000 |
| Risk-weighted assets | 24,448,000 | 25,747,000 | 27,242,000 | 28,513,000 |