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 | 374,321,000 | 386,316,000 | 389,729,000 | 408,885,000 |
| Total loans | 224,626,000 | 228,239,000 | 235,577,000 | 262,314,000 |
| Allowance for loan losses | 3,147,000 | 3,141,000 | 3,168,000 | 3,166,000 |
| Securities available for sale | 120,494,000 | 116,753,000 | 116,701,000 | 121,802,000 |
| Securities held to maturity | 70,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,734,000 | 352,949,000 | 357,561,000 | 368,766,000 |
| Interest-bearing deposits | 300,334,000 | 314,484,000 | 320,424,000 | 329,327,000 |
| Noninterest-bearing deposits | 40,400,000 | 38,465,000 | 37,137,000 | 39,439,000 |
| Equity capital | 30,514,000 | 30,301,000 | 28,923,000 | 35,200,000 |
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 | 3,605,000 | 7,515,000 | 11,774,000 | 16,338,000 |
| Interest expense | 723,000 | 1,639,000 | 2,812,000 | 4,222,000 |
| Net interest income | 2,882,000 | 5,876,000 | 8,962,000 | 12,116,000 |
| Noninterest income | 572,000 | 1,108,000 | 1,657,000 | 2,229,000 |
| Noninterest expense | 2,094,000 | 4,252,000 | 6,444,000 | 8,785,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,345,000 | 2,702,000 | 4,145,000 | 5,530,000 |
| Income tax | 25,000 | 88,000 | 139,000 | 190,000 |
| Net income | 1,320,000 | 2,614,000 | 4,006,000 | 5,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,440,000 | 36,894,000 | 37,882,000 | 39,226,000 |
| Total capital | 39,462,000 | 39,969,000 | 41,040,000 | 42,392,000 |
| Risk-weighted assets | 241,617,000 | 245,952,000 | 252,701,000 | 279,040,000 |