Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 380,672,000 | 383,298,000 | 396,792,000 | 400,610,000 |
| Total loans | 222,108,000 | 231,344,000 | 237,421,000 | 238,494,000 |
| Allowance for loan losses | 2,597,000 | 2,658,000 | 2,760,000 | 2,766,000 |
| Securities available for sale | 144,256,000 | 136,408,000 | 130,289,000 | 141,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,648,000 | 349,943,000 | 364,223,000 | 362,449,000 |
| Interest-bearing deposits | 244,057,000 | 252,049,000 | 262,677,000 | 262,920,000 |
| Noninterest-bearing deposits | 101,591,000 | 97,894,000 | 101,546,000 | 99,529,000 |
| Equity capital | 32,355,000 | 29,567,000 | 28,466,000 | 33,569,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,692,000 | 7,445,000 | 11,585,000 | 16,005,000 |
| Interest expense | 852,000 | 1,917,000 | 3,290,000 | 4,856,000 |
| Net interest income | 2,840,000 | 5,528,000 | 8,295,000 | 11,149,000 |
| Noninterest income | 244,000 | 492,000 | 743,000 | 988,000 |
| Noninterest expense | 1,523,000 | 2,969,000 | 4,498,000 | 6,065,000 |
| Provision for loan losses | 33,000 | 96,000 | 198,000 | 206,000 |
| Pretax income | 1,528,000 | 2,955,000 | 4,342,000 | 5,866,000 |
| Income tax | 215,000 | 425,000 | 598,000 | 857,000 |
| Net income | 1,313,000 | 2,530,000 | 3,744,000 | 5,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,121,000 | 43,691,000 | 44,905,000 | 44,471,000 |