Call reports 2016
CITIZENS STATE BANK OF MILFORD — 2016
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 48,741,000 | 45,920,000 | 43,900,000 | 46,811,000 |
| Total loans | 24,320,000 | 24,453,000 | 24,072,000 | 26,043,000 |
| Allowance for loan losses | 101,000 | 103,000 | 103,000 | 108,000 |
| Securities available for sale | 16,042,000 | 15,799,000 | 11,902,000 | 9,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,227,000 | 39,464,000 | 39,269,000 | 42,582,000 |
| Interest-bearing deposits | 34,633,000 | 30,247,000 | 29,705,000 | 31,474,000 |
| Noninterest-bearing deposits | 9,594,000 | 9,217,000 | 9,564,000 | 11,108,000 |
| Equity capital | 4,456,000 | 4,578,000 | 4,569,000 | 4,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 406,000 | 810,000 | 1,202,000 | 1,589,000 |
| Interest expense | 17,000 | 34,000 | 50,000 | 65,000 |
| Net interest income | 389,000 | 776,000 | 1,152,000 | 1,524,000 |
| Noninterest income | 53,000 | 108,000 | 180,000 | 266,000 |
| Noninterest expense | 440,000 | 829,000 | 1,234,000 | 1,659,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 2,000 | 55,000 | 99,000 | 127,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,000 | 55,000 | 99,000 | 127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,086,000 | 4,139,000 | 4,184,000 | 4,112,000 |
| Total capital | 4,187,000 | 4,242,000 | 4,287,000 | 4,220,000 |
| Risk-weighted assets | 30,267,000 | 30,397,000 | 29,949,000 | 31,203,000 |