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 | 12,303,000 | 12,105,000 | 11,844,000 | 12,270,000 |
| Total loans | 8,573,000 | 9,202,000 | 9,794,000 | 8,614,000 |
| Allowance for loan losses | 82,000 | 84,000 | 85,000 | 87,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 749,000 | 749,000 | 449,000 | 249,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,496,000 | 9,269,000 | 8,976,000 | 9,420,000 |
| Interest-bearing deposits | 8,624,000 | 8,175,000 | 7,938,000 | 8,174,000 |
| Noninterest-bearing deposits | 872,000 | 1,094,000 | 1,038,000 | 1,246,000 |
| Equity capital | 839,000 | 870,000 | 901,000 | 879,000 |
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 | 224,000 | 452,000 | 679,000 | 889,000 |
| Interest expense | 102,000 | 202,000 | 292,000 | 385,000 |
| Net interest income | 122,000 | 250,000 | 387,000 | 504,000 |
| Noninterest income | 24,000 | 52,000 | 73,000 | 92,000 |
| Noninterest expense | 123,000 | 235,000 | 352,000 | 499,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 23,000 | 67,000 | 108,000 | 97,000 |
| Income tax | 7,000 | 16,000 | 26,000 | 36,000 |
| Net income | 16,000 | 51,000 | 82,000 | 61,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 839,000 | 870,000 | 901,000 | 879,000 |
| Total capital | 921,000 | 954,000 | 986,000 | 966,000 |
| Risk-weighted assets | 6,765,000 | 7,180,000 | 7,545,000 | 7,158,000 |