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 | 69,135,000 | 70,772,000 | 77,145,000 | 76,885,000 |
| Total loans | 52,742,000 | 54,408,000 | 62,500,000 | 61,784,000 |
| Allowance for loan losses | 779,000 | 839,000 | 896,000 | 894,000 |
| Securities available for sale | 2,231,000 | 4,150,000 | 3,676,000 | 3,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,884,000 | 61,174,000 | 67,559,000 | 67,324,000 |
| Interest-bearing deposits | 51,287,000 | 51,901,000 | 59,341,000 | 60,353,000 |
| Noninterest-bearing deposits | 9,597,000 | 9,273,000 | 8,218,000 | 6,971,000 |
| Equity capital | 7,677,000 | 7,724,000 | 7,750,000 | 7,739,000 |
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 | 1,259,000 | 2,448,000 | 3,642,000 | 4,801,000 |
| Interest expense | 551,000 | 1,060,000 | 1,610,000 | 2,156,000 |
| Net interest income | 708,000 | 1,388,000 | 2,032,000 | 2,645,000 |
| Noninterest income | 99,000 | 238,000 | 352,000 | 408,000 |
| Noninterest expense | 614,000 | 1,216,000 | 1,907,000 | 2,593,000 |
| Provision for loan losses | 39,000 | 101,000 | 178,000 | 218,000 |
| Pretax income | 154,000 | 309,000 | 299,000 | 242,000 |
| Income tax | 52,000 | 105,000 | 97,000 | 49,000 |
| Net income | 102,000 | 204,000 | 202,000 | 193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,658,000 | 6,760,000 | 6,758,000 | 6,749,000 |
| Total capital | 7,340,000 | 7,429,000 | 7,530,000 | 7,525,000 |
| Risk-weighted assets | 54,491,000 | 53,315,000 | 61,665,000 | 61,982,000 |