Call reports 2008
CITIZENS STATE BANK — 2008
What CITIZENS STATE BANK 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 | 149,972,000 | 150,424,000 | 164,685,000 | 152,265,000 |
| Total loans | 59,791,000 | 59,848,000 | 58,871,000 | 58,181,000 |
| Allowance for loan losses | 443,000 | 458,000 | 463,000 | 610,000 |
| Securities available for sale | 74,909,000 | 77,352,000 | 82,840,000 | 82,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,180,000 | 132,178,000 | 145,732,000 | 132,723,000 |
| Interest-bearing deposits | 94,245,000 | 97,079,000 | 109,425,000 | 97,751,000 |
| Noninterest-bearing deposits | 34,935,000 | 35,099,000 | 36,307,000 | 34,972,000 |
| Equity capital | 15,981,000 | 14,714,000 | 15,888,000 | 16,020,000 |
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 | 2,004,000 | 3,986,000 | 6,018,000 | 7,977,000 |
| Interest expense | 753,000 | 1,428,000 | 2,052,000 | 2,619,000 |
| Net interest income | 1,251,000 | 2,558,000 | 3,966,000 | 5,358,000 |
| Noninterest income | 227,000 | 469,000 | 718,000 | 969,000 |
| Noninterest expense | 901,000 | 1,830,000 | 2,752,000 | 3,748,000 |
| Provision for loan losses | 9,000 | 31,000 | 49,000 | 206,000 |
| Pretax income | 669,000 | 1,267,000 | 1,994,000 | 2,484,000 |
| Income tax | 164,000 | 340,000 | 465,000 | 558,000 |
| Net income | 505,000 | 927,000 | 1,529,000 | 1,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,193,000 | 15,214,000 | 15,816,000 | 15,413,000 |
| Total capital | 15,636,000 | 15,672,000 | 16,279,000 | 16,023,000 |
| Risk-weighted assets | 71,408,000 | 72,460,000 | 73,501,000 | 71,294,000 |