Call reports 2008
CITIZENS STATE BANK OF SHAKOPEE — 2008
What CITIZENS STATE BANK OF SHAKOPEE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 23,503,000 | 22,980,000 | 24,133,000 | 23,584,000 |
| Total loans | 9,810,000 | 10,116,000 | 9,638,000 | 9,371,000 |
| Allowance for loan losses | 265,000 | 272,000 | 222,000 | 232,000 |
| Securities available for sale | 6,263,000 | 6,815,000 | 7,855,000 | 8,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,017,000 | 19,653,000 | 20,724,000 | 20,106,000 |
| Interest-bearing deposits | 14,334,000 | 14,116,000 | 15,368,000 | 14,693,000 |
| Noninterest-bearing deposits | 5,683,000 | 5,537,000 | 5,356,000 | 5,413,000 |
| Equity capital | 2,580,000 | 2,490,000 | 2,532,000 | 2,623,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 285,000 | 518,000 | 764,000 | 994,000 |
| Interest expense | 93,000 | 172,000 | 253,000 | 323,000 |
| Net interest income | 192,000 | 346,000 | 511,000 | 671,000 |
| Noninterest income | 38,000 | 83,000 | 118,000 | 158,000 |
| Noninterest expense | 215,000 | 413,000 | 599,000 | 803,000 |
| Provision for loan losses | 0 | 6,000 | 6,000 | 16,000 |
| Pretax income | 15,000 | 10,000 | 24,000 | 10,000 |
| Income tax | 3,000 | 0 | 3,000 | 3,000 |
| Net income | 12,000 | 10,000 | 21,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,488,000 | 2,486,000 | 2,497,000 | 2,482,000 |
| Total capital | 2,642,000 | 2,645,000 | 2,650,000 | 2,635,000 |
| Risk-weighted assets | 12,422,000 | 12,595,000 | 12,652,000 | 12,190,000 |