Call reports 2022
CITIZENS STATE BANK OF MILFORD — 2022
What CITIZENS STATE BANK OF MILFORD reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 58,791,000 | 54,411,000 | 56,224,000 | 59,038,000 |
| Total loans | 21,339,000 | 21,642,000 | 23,684,000 | 23,105,000 |
| Allowance for loan losses | 129,000 | 129,000 | 129,000 | 129,000 |
| Securities available for sale | 11,813,000 | 10,911,000 | 11,756,000 | 13,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,096,000 | 50,046,000 | 53,157,000 | 56,124,000 |
| Interest-bearing deposits | 39,254,000 | 36,059,000 | 39,139,000 | 40,585,000 |
| Noninterest-bearing deposits | 15,842,000 | 13,987,000 | 14,018,000 | 15,539,000 |
| Equity capital | 3,659,000 | 2,836,000 | 2,618,000 | 2,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 311,000 | 650,000 | 1,038,000 | 1,504,000 |
| Interest expense | 11,000 | 22,000 | 32,000 | 46,000 |
| Net interest income | 300,000 | 628,000 | 1,006,000 | 1,458,000 |
| Noninterest income | 58,000 | 94,000 | 175,000 | 271,000 |
| Noninterest expense | 435,000 | 856,000 | 1,287,000 | 1,725,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -77,000 | -134,000 | -106,000 | 4,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -77,000 | -134,000 | -106,000 | 4,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,183,000 | 4,127,000 | 4,154,000 | 4,265,000 |
| Total capital | 4,312,000 | 4,256,000 | 4,283,000 | 4,394,000 |
| Risk-weighted assets | 30,296,000 | 30,777,000 | 33,840,000 | 34,184,000 |