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 | 19,551,000 | 17,224,000 | 16,104,000 | 15,930,000 |
| Total loans | 18,240,000 | 15,455,000 | 14,670,000 | 11,659,000 |
| Allowance for loan losses | 274,000 | 284,000 | 289,000 | 287,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,242,000 | 14,760,000 | 14,160,000 | 14,261,000 |
| Interest-bearing deposits | 10,909,000 | 10,787,000 | 10,691,000 | 9,932,000 |
| Noninterest-bearing deposits | 4,333,000 | 3,973,000 | 3,469,000 | 4,329,000 |
| Equity capital | 1,731,000 | 1,762,000 | 1,743,000 | 1,608,000 |
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 | 342,000 | 637,000 | 889,000 | 1,109,000 |
| Interest expense | 132,000 | 247,000 | 335,000 | 420,000 |
| Net interest income | 210,000 | 390,000 | 554,000 | 689,000 |
| Noninterest income | 34,000 | 70,000 | 75,000 | 101,000 |
| Noninterest expense | 126,000 | 270,000 | 417,000 | 562,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 27,000 |
| Pretax income | 109,000 | 172,000 | 185,000 | 201,000 |
| Income tax | 2,000 | 4,000 | 6,000 | 7,000 |
| Net income | 107,000 | 168,000 | 179,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,731,000 | 1,762,000 | 1,743,000 | 1,608,000 |
| Total capital | 1,961,000 | 1,963,000 | 1,931,000 | 1,768,000 |
| Risk-weighted assets | 18,371,000 | 15,999,000 | 14,976,000 | 12,703,000 |