Call reports 2003
CITIZENS STATE BANK OF WATERVILLE — 2003
What CITIZENS STATE BANK OF WATERVILLE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 23,480,000 | 23,610,000 | 23,941,000 | 23,701,000 |
| Total loans | 13,309,000 | 13,152,000 | 12,404,000 | 12,521,000 |
| Allowance for loan losses | 154,000 | 158,000 | 156,000 | 158,000 |
| Securities available for sale | 5,511,000 | 5,354,000 | 5,906,000 | 6,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,066,000 | 21,102,000 | 21,448,000 | 21,119,000 |
| Interest-bearing deposits | 17,282,000 | 17,248,000 | 17,149,000 | 16,560,000 |
| Noninterest-bearing deposits | 3,784,000 | 3,854,000 | 4,299,000 | 4,559,000 |
| Equity capital | 2,182,000 | 2,264,000 | 2,305,000 | 2,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 336,000 | 658,000 | 967,000 | 1,257,000 |
| Interest expense | 83,000 | 159,000 | 227,000 | 288,000 |
| Net interest income | 253,000 | 499,000 | 740,000 | 969,000 |
| Noninterest income | 47,000 | 112,000 | 164,000 | 215,000 |
| Noninterest expense | 174,000 | 357,000 | 536,000 | 714,000 |
| Provision for loan losses | 6,000 | 10,000 | 11,000 | 11,000 |
| Pretax income | 120,000 | 244,000 | 357,000 | 459,000 |
| Income tax | 43,000 | 90,000 | 130,000 | 164,000 |
| Net income | 77,000 | 154,000 | 227,000 | 295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,696,000 | 1,773,000 | 1,846,000 | 1,915,000 |
| Total capital | 1,850,000 | 1,931,000 | 2,002,000 | 2,073,000 |
| Risk-weighted assets | 15,167,000 | 15,145,000 | 15,115,000 | 15,450,000 |