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 | 344,640,000 | 358,087,000 | 389,420,000 | 409,799,000 |
| Total loans | 283,546,000 | 300,096,000 | 319,614,000 | 334,848,000 |
| Allowance for loan losses | 3,936,000 | 4,058,000 | 4,436,000 | 4,611,000 |
| Securities available for sale | 42,890,000 | 42,160,000 | 45,773,000 | 48,144,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,542,000 | 297,538,000 | 324,744,000 | 344,011,000 |
| Interest-bearing deposits | 231,726,000 | 230,585,000 | 254,320,000 | 272,550,000 |
| Noninterest-bearing deposits | 63,816,000 | 66,953,000 | 70,425,000 | 71,461,000 |
| Equity capital | 33,888,000 | 34,416,000 | 34,688,000 | 36,303,000 |
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 | 4,230,000 | 8,949,000 | 14,079,000 | 19,634,000 |
| Interest expense | 991,000 | 2,156,000 | 3,763,000 | 6,030,000 |
| Net interest income | 3,239,000 | 6,793,000 | 10,316,000 | 13,604,000 |
| Noninterest income | 257,000 | 529,000 | 800,000 | 1,080,000 |
| Noninterest expense | 2,135,000 | 4,298,000 | 6,577,000 | 8,876,000 |
| Provision for loan losses | 150,000 | 300,000 | 740,000 | 920,000 |
| Pretax income | 1,211,000 | 2,724,000 | 3,799,000 | 4,888,000 |
| Income tax | 319,000 | 721,000 | 860,000 | 1,088,000 |
| Net income | 892,000 | 2,003,000 | 2,939,000 | 3,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,535,000 | 37,446,000 | 38,182,000 | 38,843,000 |