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 | 10,358,000 | 10,977,000 | 11,698,000 | 9,694,000 |
| Total loans | 6,560,000 | 6,202,000 | 6,410,000 | 6,395,000 |
| Allowance for loan losses | 91,000 | 91,000 | 91,000 | 91,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 232,000 | 220,000 | 211,000 | 202,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,416,000 | 9,989,000 | 10,672,000 | 8,935,000 |
| Interest-bearing deposits | 7,080,000 | 7,358,000 | 8,042,000 | 6,369,000 |
| Noninterest-bearing deposits | 2,336,000 | 2,631,000 | 2,630,000 | 2,566,000 |
| Equity capital | 888,000 | 947,000 | 987,000 | 726,000 |
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 | 168,000 | 331,000 | 487,000 | 629,000 |
| Interest expense | 49,000 | 95,000 | 137,000 | 167,000 |
| Net interest income | 119,000 | 236,000 | 350,000 | 462,000 |
| Noninterest income | 3,000 | 7,000 | 15,000 | 20,000 |
| Noninterest expense | 67,000 | 128,000 | 198,000 | 272,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 55,000 | 115,000 | 167,000 | 210,000 |
| Income tax | 2,000 | 0 | 7,000 | 9,000 |
| Net income | 53,000 | 115,000 | 160,000 | 201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 888,000 | 947,000 | 987,000 | 726,000 |
| Total capital | 957,000 | 1,018,000 | 1,059,000 | 795,000 |
| Risk-weighted assets | 5,467,000 | 5,640,000 | 5,762,000 | 5,462,000 |