Call reports 2017
CITIZENS STATE BANK OF MILFORD — 2017
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 45,568,000 | 42,905,000 | 45,461,000 | 46,842,000 |
| Total loans | 24,769,000 | 25,330,000 | 25,465,000 | 25,840,000 |
| Allowance for loan losses | 108,000 | 108,000 | 128,000 | 145,000 |
| Securities available for sale | 11,352,000 | 11,336,000 | 8,765,000 | 8,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,275,000 | 38,432,000 | 41,032,000 | 42,518,000 |
| Interest-bearing deposits | 32,177,000 | 29,156,000 | 32,390,000 | 32,125,000 |
| Noninterest-bearing deposits | 9,098,000 | 9,276,000 | 8,642,000 | 10,393,000 |
| Equity capital | 4,251,000 | 4,405,000 | 4,374,000 | 4,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 370,000 | 759,000 | 1,086,000 | 1,470,000 |
| Interest expense | 16,000 | 32,000 | 49,000 | 67,000 |
| Net interest income | 354,000 | 727,000 | 1,037,000 | 1,403,000 |
| Noninterest income | 55,000 | 111,000 | 189,000 | 285,000 |
| Noninterest expense | 399,000 | 791,000 | 1,161,000 | 1,608,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 37,000 |
| Pretax income | 10,000 | 47,000 | 83,000 | 80,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 10,000 | 47,000 | 83,000 | 80,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,122,000 | 4,159,000 | 4,195,000 | 4,192,000 |
| Total capital | 4,230,000 | 4,267,000 | 4,323,000 | 4,337,000 |
| Risk-weighted assets | 29,962,000 | 30,496,000 | 30,520,000 | 31,492,000 |