Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 418,236,000 | 428,737,000 | 426,955,000 | 416,407,000 |
| Total loans | 240,812,000 | 244,170,000 | 249,188,000 | 251,891,000 |
| Allowance for loan losses | 2,797,000 | 2,836,000 | 2,885,000 | 2,656,000 |
| Securities available for sale | 140,361,000 | 145,397,000 | 149,291,000 | 149,166,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,215,000 | 378,041,000 | 383,397,000 | 374,646,000 |
| Interest-bearing deposits | 270,819,000 | 276,160,000 | 273,021,000 | 275,203,000 |
| Noninterest-bearing deposits | 98,396,000 | 101,881,000 | 110,376,000 | 99,443,000 |
| Equity capital | 33,918,000 | 34,413,000 | 39,215,000 | 35,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,603,000 | 9,452,000 | 14,534,000 | 19,593,000 |
| Interest expense | 1,864,000 | 3,851,000 | 5,905,000 | 7,886,000 |
| Net interest income | 2,739,000 | 5,601,000 | 8,629,000 | 11,707,000 |
| Noninterest income | 235,000 | 484,000 | 740,000 | 1,036,000 |
| Noninterest expense | 1,565,000 | 3,119,000 | 4,743,000 | 6,420,000 |
| Provision for loan losses | 33,000 | 76,000 | 129,000 | 132,000 |
| Pretax income | 1,376,000 | 2,890,000 | 4,497,000 | 6,186,000 |
| Income tax | 188,000 | 404,000 | 669,000 | 959,000 |
| Net income | 1,188,000 | 2,486,000 | 3,828,000 | 5,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,659,000 | 46,310,000 | 47,652,000 | 47,271,000 |