Call reports 2024
CITIZENS STATE BANK — 2024
What CITIZENS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 30,840,000 | 31,219,000 | 33,308,000 | 32,521,000 |
| Total loans | 22,923,000 | 25,974,000 | 28,154,000 | 28,104,000 |
| Allowance for loan losses | 204,000 | 206,000 | 207,000 | 209,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,000 | 35,000 | 35,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,045,000 | 24,842,000 | 24,364,000 | 23,769,000 |
| Interest-bearing deposits | 21,979,000 | 21,673,000 | 21,708,000 | 20,685,000 |
| Noninterest-bearing deposits | 3,066,000 | 3,169,000 | 2,656,000 | 3,084,000 |
| Equity capital | 3,193,000 | 3,275,000 | 3,374,000 | 3,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 480,000 | 980,000 | 1,509,000 | 2,026,000 |
| Interest expense | 196,000 | 395,000 | 612,000 | 823,000 |
| Net interest income | 284,000 | 585,000 | 897,000 | 1,203,000 |
| Noninterest income | 13,000 | 27,000 | 42,000 | 60,000 |
| Noninterest expense | 198,000 | 415,000 | 626,000 | 861,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 97,000 | 194,000 | 308,000 | 396,000 |
| Income tax | 14,000 | 29,000 | 44,000 | 90,000 |
| Net income | 83,000 | 165,000 | 264,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,193,000 | 3,276,000 | 3,374,000 | 3,414,000 |