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 | 65,905,000 | 66,287,000 | 65,275,000 | 68,459,000 |
| Total loans | 54,074,000 | 55,448,000 | 55,245,000 | 56,976,000 |
| Allowance for loan losses | 653,000 | 562,000 | 587,000 | 557,000 |
| Securities available for sale | 7,041,000 | 6,917,000 | 6,933,000 | 7,900,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,895,000 | 53,211,000 | 53,401,000 | 55,183,000 |
| Interest-bearing deposits | 45,830,000 | 44,560,000 | 44,426,000 | 46,707,000 |
| Noninterest-bearing deposits | 8,065,000 | 8,651,000 | 8,975,000 | 8,476,000 |
| Equity capital | 5,747,000 | 5,561,000 | 5,840,000 | 5,922,000 |
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 | 1,201,000 | 2,409,000 | 3,574,000 | 4,729,000 |
| Interest expense | 542,000 | 1,022,000 | 1,464,000 | 1,888,000 |
| Net interest income | 659,000 | 1,387,000 | 2,110,000 | 2,841,000 |
| Noninterest income | 123,000 | 212,000 | 330,000 | 433,000 |
| Noninterest expense | 566,000 | 1,142,000 | 1,725,000 | 2,341,000 |
| Provision for loan losses | 15,000 | 65,000 | 90,000 | 138,000 |
| Pretax income | 202,000 | 393,000 | 632,000 | 805,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 202,000 | 393,000 | 632,000 | 805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,712,000 | 5,681,000 | 5,861,000 | 5,813,000 |
| Total capital | 6,365,000 | 6,243,000 | 6,447,000 | 6,370,000 |
| Risk-weighted assets | 53,389,000 | 52,282,000 | 51,810,000 | 53,732,000 |