Call reports 2021
CITIZENS STATE BANK OF MILFORD — 2021
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 55,406,000 | 52,171,000 | 51,948,000 | 53,640,000 |
| Total loans | 22,876,000 | 22,344,000 | 22,803,000 | 23,474,000 |
| Allowance for loan losses | 128,000 | 131,000 | 129,000 | 129,000 |
| Securities available for sale | 7,557,000 | 8,470,000 | 9,129,000 | 10,475,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,947,000 | 47,571,000 | 47,329,000 | 49,221,000 |
| Interest-bearing deposits | 37,789,000 | 33,796,000 | 34,300,000 | 34,862,000 |
| Noninterest-bearing deposits | 13,158,000 | 13,775,000 | 13,029,000 | 14,359,000 |
| Equity capital | 4,407,000 | 4,560,000 | 4,573,000 | 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 | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 452,000 | 971,000 | 1,295,000 | 1,625,000 |
| Interest expense | 27,000 | 45,000 | 60,000 | 71,000 |
| Net interest income | 425,000 | 926,000 | 1,235,000 | 1,554,000 |
| Noninterest income | 84,000 | 142,000 | 212,000 | 301,000 |
| Noninterest expense | 400,000 | 832,000 | 1,252,000 | 1,757,000 |
| Provision for loan losses | 2,000 | 5,000 | 8,000 | 8,000 |
| Pretax income | 107,000 | 231,000 | 187,000 | 90,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 107,000 | 231,000 | 187,000 | 90,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,278,000 | 4,401,000 | 4,358,000 | 4,261,000 |
| Total capital | 4,406,000 | 4,532,000 | 4,487,000 | 4,390,000 |
| Risk-weighted assets | 30,995,000 | 29,107,000 | 30,866,000 | 31,994,000 |