Call reports 2023
CITIZENS STATE BANK — 2023
What CITIZENS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 27,232,000 | 28,189,000 | 29,538,000 | 32,997,000 |
| Total loans | 19,465,000 | 22,329,000 | 24,532,000 | 25,549,000 |
| Allowance for loan losses | 198,000 | 199,000 | 201,000 | 203,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 70,000 | 70,000 | 70,000 | 35,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,050,000 | 21,654,000 | 20,953,000 | 25,206,000 |
| Interest-bearing deposits | 18,161,000 | 17,909,000 | 17,741,000 | 22,054,000 |
| Noninterest-bearing deposits | 4,889,000 | 3,745,000 | 3,212,000 | 3,152,000 |
| Equity capital | 2,913,000 | 2,999,000 | 3,093,000 | 3,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 362,000 | 740,000 | 1,155,000 | 1,624,000 |
| Interest expense | 71,000 | 160,000 | 286,000 | 460,000 |
| Net interest income | 291,000 | 580,000 | 869,000 | 1,164,000 |
| Noninterest income | 13,000 | 25,000 | 35,000 | 47,000 |
| Noninterest expense | 181,000 | 386,000 | 580,000 | 814,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 121,000 | 216,000 | 319,000 | 391,000 |
| Income tax | 16,000 | 25,000 | 35,000 | 90,000 |
| Net income | 105,000 | 191,000 | 284,000 | 301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,913,000 | 2,999,000 | 3,093,000 | 3,110,000 |