Call reports 2012
CITIZENS STATE BANK OF MILFORD — 2012
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 52,867,000 | 49,226,000 | 50,953,000 | 57,870,000 |
| Total loans | 26,154,000 | 27,550,000 | 28,251,000 | 26,545,000 |
| Allowance for loan losses | 126,000 | 139,000 | 145,000 | 188,000 |
| Securities available for sale | 12,629,000 | 13,838,000 | 14,398,000 | 15,879,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,855,000 | 43,904,000 | 45,756,000 | 53,479,000 |
| Interest-bearing deposits | 36,890,000 | 34,794,000 | 35,962,000 | 40,053,000 |
| Noninterest-bearing deposits | 10,965,000 | 9,110,000 | 9,794,000 | 13,426,000 |
| Equity capital | 4,638,000 | 4,962,000 | 4,826,000 | 4,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 506,000 | 1,025,000 | 1,543,000 | 2,027,000 |
| Interest expense | 62,000 | 119,000 | 171,000 | 220,000 |
| Net interest income | 444,000 | 906,000 | 1,372,000 | 1,807,000 |
| Noninterest income | 54,000 | 109,000 | 200,000 | 325,000 |
| Noninterest expense | 377,000 | 751,000 | 1,153,000 | 1,616,000 |
| Provision for loan losses | 24,000 | 38,000 | 370,000 | 870,000 |
| Pretax income | 99,000 | 228,000 | 51,000 | -350,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 99,000 | 228,000 | 51,000 | -350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,998,000 | 4,056,000 | 3,878,000 | 3,477,000 |
| Total capital | 4,124,000 | 4,195,000 | 4,023,000 | 3,665,000 |
| Risk-weighted assets | 29,600,000 | 31,551,000 | 33,953,000 | 32,076,000 |