Call reports 2011
CITIZENS STATE BANK OF MILFORD — 2011
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 47,361,000 | 44,967,000 | 51,669,000 | 50,713,000 |
| Total loans | 26,968,000 | 28,758,000 | 29,802,000 | 29,536,000 |
| Allowance for loan losses | 119,000 | 119,000 | 119,000 | 119,000 |
| Securities available for sale | 13,102,000 | 12,176,000 | 11,377,000 | 12,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,822,000 | 40,309,000 | 46,661,000 | 45,555,000 |
| Interest-bearing deposits | 34,112,000 | 33,201,000 | 35,904,000 | 35,875,000 |
| Noninterest-bearing deposits | 8,710,000 | 7,108,000 | 10,757,000 | 9,680,000 |
| Equity capital | 3,782,000 | 4,118,000 | 4,497,000 | 4,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 518,000 | 1,059,000 | 1,611,000 | 2,153,000 |
| Interest expense | 82,000 | 157,000 | 229,000 | 293,000 |
| Net interest income | 436,000 | 902,000 | 1,382,000 | 1,860,000 |
| Noninterest income | 57,000 | 123,000 | 199,000 | 302,000 |
| Noninterest expense | 369,000 | 737,000 | 1,123,000 | 1,552,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 124,000 | 288,000 | 462,000 | 614,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 124,000 | 288,000 | 462,000 | 614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,558,000 | 3,722,000 | 3,896,000 | 3,898,000 |
| Total capital | 3,677,000 | 3,841,000 | 4,015,000 | 4,017,000 |
| Risk-weighted assets | 32,078,000 | 31,912,000 | 33,244,000 | 33,289,000 |