Call reports 2013
CITIZENS NATIONAL BANK OF ALBION — 2013
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 287,753,000 | 274,826,000 | 274,623,000 | 283,632,000 |
| Total loans | 157,237,000 | 162,470,000 | 167,422,000 | 171,433,000 |
| Allowance for loan losses | 1,915,000 | 1,956,000 | 1,953,000 | 1,731,000 |
| Securities available for sale | 94,642,000 | 95,280,000 | 95,977,000 | 90,942,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 709,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,444,000 | 230,457,000 | 228,632,000 | 239,369,000 |
| Interest-bearing deposits | 207,900,000 | 203,177,000 | 201,699,000 | 205,280,000 |
| Noninterest-bearing deposits | 34,544,000 | 27,280,000 | 26,933,000 | 34,089,000 |
| Equity capital | 43,911,000 | 43,170,000 | 43,382,000 | 43,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,540,000 | 5,021,000 | 7,584,000 | 10,139,000 |
| Interest expense | 480,000 | 934,000 | 1,379,000 | 1,815,000 |
| Net interest income | 2,060,000 | 4,087,000 | 6,205,000 | 8,324,000 |
| Noninterest income | 183,000 | 389,000 | 571,000 | 777,000 |
| Noninterest expense | 1,184,000 | 2,430,000 | 3,647,000 | 5,215,000 |
| Provision for loan losses | 45,000 | 90,000 | 120,000 | 160,000 |
| Pretax income | 1,047,000 | 1,996,000 | 3,049,000 | 3,785,000 |
| Income tax | 291,000 | 544,000 | 828,000 | 991,000 |
| Net income | 756,000 | 1,452,000 | 2,221,000 | 2,794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,816,000 | 42,108,000 | 42,878,000 | 42,654,000 |
| Total capital | 43,816,000 | 44,149,000 | 44,916,000 | 44,470,000 |
| Risk-weighted assets | 170,169,000 | 174,099,000 | 179,763,000 | 184,736,000 |