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 | 169,657,000 | 172,743,000 | 165,612,000 | 177,330,000 |
| Total loans | 109,568,000 | 113,945,000 | 115,149,000 | 117,506,000 |
| Allowance for loan losses | 1,353,000 | 1,311,000 | 1,298,000 | 1,418,000 |
| Securities available for sale | 41,312,000 | 39,369,000 | 38,211,000 | 40,813,000 |
| Securities held to maturity | 350,000 | 350,000 | 350,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,565,000 | 147,709,000 | 137,695,000 | 151,424,000 |
| Interest-bearing deposits | 128,779,000 | 135,401,000 | 124,891,000 | 132,855,000 |
| Noninterest-bearing deposits | 12,787,000 | 12,308,000 | 12,804,000 | 18,570,000 |
| Equity capital | 17,327,000 | 16,529,000 | 17,462,000 | 18,380,000 |
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 | 2,543,000 | 5,003,000 | 7,440,000 | 9,789,000 |
| Interest expense | 1,237,000 | 2,329,000 | 3,372,000 | 4,340,000 |
| Net interest income | 1,306,000 | 2,674,000 | 4,068,000 | 5,449,000 |
| Noninterest income | 220,000 | 408,000 | 620,000 | 864,000 |
| Noninterest expense | 922,000 | 1,854,000 | 2,823,000 | 3,824,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 540,000 |
| Pretax income | 570,000 | 1,180,000 | 1,757,000 | 2,100,000 |
| Income tax | 7,000 | 13,000 | 20,000 | 26,000 |
| Net income | 563,000 | 1,167,000 | 1,737,000 | 2,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,647,000 | 14,819,000 | 15,171,000 | 15,508,000 |
| Total capital | 16,000,000 | 16,130,000 | 16,469,000 | 16,926,000 |
| Risk-weighted assets | 127,141,000 | 129,879,000 | 130,856,000 | 137,746,000 |