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 | 27,174,000 | 25,836,000 | 26,374,000 | 27,311,000 |
| Total loans | 17,842,000 | 18,515,000 | 19,241,000 | 20,559,000 |
| Allowance for loan losses | 332,000 | 333,000 | 334,000 | 334,000 |
| Securities available for sale | 3,199,000 | 2,880,000 | 3,000,000 | 2,948,000 |
| Securities held to maturity | 477,000 | 477,000 | 282,000 | 281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,548,000 | 22,293,000 | 21,701,000 | 21,568,000 |
| Interest-bearing deposits | 19,111,000 | 18,188,000 | 17,089,000 | 17,299,000 |
| Noninterest-bearing deposits | 4,437,000 | 4,105,000 | 4,612,000 | 4,269,000 |
| Equity capital | 2,561,000 | 2,472,000 | 2,560,000 | 2,697,000 |
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 | 428,000 | 842,000 | 1,237,000 | 1,643,000 |
| Interest expense | 169,000 | 313,000 | 429,000 | 529,000 |
| Net interest income | 259,000 | 529,000 | 808,000 | 1,114,000 |
| Noninterest income | 36,000 | 98,000 | 161,000 | 204,000 |
| Noninterest expense | 249,000 | 492,000 | 758,000 | 1,047,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 46,000 | 135,000 | 211,000 | 271,000 |
| Income tax | 0 | 0 | 0 | 2,000 |
| Net income | 46,000 | 135,000 | 211,000 | 269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,503,000 | 2,493,000 | 2,573,000 | 2,630,000 |
| Total capital | 2,707,000 | 2,698,000 | 2,784,000 | 2,856,000 |
| Risk-weighted assets | 16,152,000 | 16,273,000 | 16,742,000 | 17,996,000 |