Call reports 2020
CITIZENS STATE BANK — 2020
What CITIZENS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 23,262,000 | 24,649,000 | 25,549,000 | 25,956,000 |
| Total loans | 19,163,000 | 21,510,000 | 21,560,000 | 18,940,000 |
| Allowance for loan losses | 144,000 | 145,000 | 147,000 | 148,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,443,000 | 19,821,000 | 20,139,000 | 20,687,000 |
| Interest-bearing deposits | 16,627,000 | 17,459,000 | 17,694,000 | 18,132,000 |
| Noninterest-bearing deposits | 1,816,000 | 2,362,000 | 2,445,000 | 2,555,000 |
| Equity capital | 2,282,000 | 2,350,000 | 2,420,000 | 2,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 284,000 | 586,000 | 903,000 | 1,204,000 |
| Interest expense | 76,000 | 148,000 | 217,000 | 285,000 |
| Net interest income | 208,000 | 438,000 | 686,000 | 919,000 |
| Noninterest income | 20,000 | 54,000 | 69,000 | 57,000 |
| Noninterest expense | 171,000 | 357,000 | 540,000 | 743,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 55,000 | 132,000 | 210,000 | 227,000 |
| Income tax | 8,000 | 17,000 | 25,000 | 55,000 |
| Net income | 47,000 | 115,000 | 185,000 | 172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,282,000 | 2,350,000 | 2,420,000 | 2,407,000 |