Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 409,726,000 | 410,145,000 | 434,362,000 | 414,513,000 |
| Total loans | 271,274,000 | 273,101,000 | 271,206,000 | 284,268,000 |
| Allowance for loan losses | 3,147,000 | 3,107,000 | 3,012,000 | 3,004,000 |
| Securities available for sale | 113,664,000 | 107,248,000 | 110,564,000 | 105,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 363,342,000 | 367,515,000 | 391,562,000 | 373,018,000 |
| Interest-bearing deposits | 326,874,000 | 329,978,000 | 357,528,000 | 337,986,000 |
| Noninterest-bearing deposits | 36,468,000 | 37,537,000 | 34,034,000 | 35,032,000 |
| Equity capital | 35,125,000 | 35,492,000 | 39,512,000 | 38,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,846,000 | 9,842,000 | 15,075,000 | 20,312,000 |
| Interest expense | 1,664,000 | 3,512,000 | 5,543,000 | 7,445,000 |
| Net interest income | 3,182,000 | 6,330,000 | 9,532,000 | 12,867,000 |
| Noninterest income | 605,000 | 1,222,000 | 1,895,000 | 2,365,000 |
| Noninterest expense | 2,357,000 | 4,599,000 | 6,856,000 | 9,164,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,453,000 | 2,960,000 | 4,579,000 | 6,076,000 |
| Income tax | 105,000 | 210,000 | 315,000 | 440,000 |
| Net income | 1,348,000 | 2,750,000 | 4,264,000 | 5,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,109,000 | 40,625,000 | 41,723,000 | 43,130,000 |
| Total capital | 43,256,000 | 43,732,000 | 44,735,000 | 46,134,000 |
| Risk-weighted assets | 285,538,000 | 287,069,000 | 281,658,000 | 294,966,000 |