Call reports 2020
CITIZENS STATE BANK — 2020
What CITIZENS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 302,682,000 | 324,396,000 | 330,698,000 | 337,617,000 |
| Total loans | 152,913,000 | 167,311,000 | 170,638,000 | 167,063,000 |
| Allowance for loan losses | 1,660,000 | 1,870,000 | 1,871,000 | 1,915,000 |
| Securities available for sale | 134,671,000 | 130,034,000 | 126,899,000 | 134,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,213,000 | 284,855,000 | 290,191,000 | 296,812,000 |
| Interest-bearing deposits | 188,892,000 | 189,411,000 | 196,520,000 | 202,682,000 |
| Noninterest-bearing deposits | 77,321,000 | 95,444,000 | 93,671,000 | 94,130,000 |
| Equity capital | 34,267,000 | 36,799,000 | 38,239,000 | 37,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,673,000 | 5,861,000 | 8,531,000 | 11,183,000 |
| Interest expense | 529,000 | 952,000 | 1,296,000 | 1,596,000 |
| Net interest income | 2,144,000 | 4,909,000 | 7,235,000 | 9,587,000 |
| Noninterest income | 212,000 | 385,000 | 575,000 | 764,000 |
| Noninterest expense | 1,206,000 | 2,436,000 | 3,672,000 | 4,983,000 |
| Provision for loan losses | 53,000 | 263,000 | 266,000 | 319,000 |
| Pretax income | 1,271,000 | 2,879,000 | 4,218,000 | 5,395,000 |
| Income tax | 179,000 | 423,000 | 609,000 | 769,000 |
| Net income | 1,092,000 | 2,456,000 | 3,609,000 | 4,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,803,000 | 34,685,000 | 35,974,000 | 35,539,000 |