Call reports 2015
CITIZENS STATE BANK OF MILFORD — 2015
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 50,498,000 | 48,955,000 | 51,124,000 | 52,511,000 |
| Total loans | 25,674,000 | 25,551,000 | 27,911,000 | 26,305,000 |
| Allowance for loan losses | 164,000 | 148,000 | 167,000 | 101,000 |
| Securities available for sale | 15,705,000 | 15,503,000 | 15,500,000 | 15,050,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,944,000 | 43,448,000 | 43,814,000 | 48,087,000 |
| Interest-bearing deposits | 35,963,000 | 34,148,000 | 33,797,000 | 36,648,000 |
| Noninterest-bearing deposits | 9,981,000 | 9,300,000 | 10,017,000 | 11,439,000 |
| Equity capital | 4,504,000 | 4,371,000 | 4,471,000 | 4,384,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 435,000 | 836,000 | 1,268,000 | 1,692,000 |
| Interest expense | 25,000 | 46,000 | 67,000 | 88,000 |
| Net interest income | 410,000 | 790,000 | 1,201,000 | 1,604,000 |
| Noninterest income | 55,000 | 111,000 | 191,000 | 295,000 |
| Noninterest expense | 381,000 | 771,000 | 1,158,000 | 1,609,000 |
| Provision for loan losses | 5,000 | 20,000 | 40,000 | 120,000 |
| Pretax income | 79,000 | 110,000 | 194,000 | 170,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 79,000 | 110,000 | 194,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,094,000 | 4,124,000 | 4,208,000 | 4,084,000 |
| Total capital | 4,258,000 | 4,272,000 | 4,375,000 | 4,185,000 |
| Risk-weighted assets | 32,034,000 | 31,856,000 | 33,989,000 | 31,882,000 |