Call reports 2019
CITIZENS STATE BANK OF MILFORD — 2019
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 42,833,000 | 40,634,000 | 41,593,000 | 45,999,000 |
| Total loans | 22,322,000 | 23,682,000 | 23,809,000 | 23,766,000 |
| Allowance for loan losses | 105,000 | 109,000 | 115,000 | 121,000 |
| Securities available for sale | 8,031,000 | 7,981,000 | 7,648,000 | 6,846,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,510,000 | 36,131,000 | 36,983,000 | 41,517,000 |
| Interest-bearing deposits | 29,278,000 | 27,384,000 | 28,447,000 | 30,811,000 |
| Noninterest-bearing deposits | 9,232,000 | 8,747,000 | 8,536,000 | 10,706,000 |
| Equity capital | 4,274,000 | 4,460,000 | 4,558,000 | 4,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 426,000 | 854,000 | 1,285,000 | 1,724,000 |
| Interest expense | 24,000 | 51,000 | 78,000 | 108,000 |
| Net interest income | 402,000 | 803,000 | 1,207,000 | 1,616,000 |
| Noninterest income | 57,000 | 116,000 | 194,000 | 292,000 |
| Noninterest expense | 396,000 | 770,000 | 1,172,000 | 1,651,000 |
| Provision for loan losses | 4,000 | 10,000 | 16,000 | 20,000 |
| Pretax income | 59,000 | 139,000 | 213,000 | 237,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 59,000 | 139,000 | 213,000 | 237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,226,000 | 4,305,000 | 4,379,000 | 4,228,000 |
| Total capital | 4,331,000 | 4,414,000 | 4,494,000 | 4,349,000 |
| Risk-weighted assets | 29,129,000 | 30,354,000 | 30,808,000 | 31,262,000 |