Call reports 2014
CITIZENS NATIONAL BANK OF ALBION — 2014
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 281,246,000 | 279,567,000 | 287,349,000 | 284,962,000 |
| Total loans | 164,889,000 | 176,152,000 | 185,193,000 | 187,502,000 |
| Allowance for loan losses | 1,801,000 | 1,913,000 | 1,739,000 | 2,112,000 |
| Securities available for sale | 96,611,000 | 94,024,000 | 92,498,000 | 86,604,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 709,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,049,000 | 229,328,000 | 229,092,000 | 233,756,000 |
| Interest-bearing deposits | 204,039,000 | 197,243,000 | 198,793,000 | 200,400,000 |
| Noninterest-bearing deposits | 32,010,000 | 32,085,000 | 30,299,000 | 33,356,000 |
| Equity capital | 44,121,000 | 44,885,000 | 45,610,000 | 45,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,518,000 | 5,070,000 | 7,691,000 | 10,345,000 |
| Interest expense | 420,000 | 837,000 | 1,257,000 | 1,666,000 |
| Net interest income | 2,098,000 | 4,233,000 | 6,434,000 | 8,679,000 |
| Noninterest income | 197,000 | 411,000 | 632,000 | 868,000 |
| Noninterest expense | 1,228,000 | 2,440,000 | 3,652,000 | 5,260,000 |
| Provision for loan losses | 75,000 | 150,000 | 450,000 | 750,000 |
| Pretax income | 992,000 | 2,115,000 | 3,024,000 | 3,633,000 |
| Income tax | 267,000 | 585,000 | 819,000 | 936,000 |
| Net income | 725,000 | 1,530,000 | 2,205,000 | 2,697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,376,000 | 43,781,000 | 44,457,000 | 44,148,000 |
| Total capital | 45,262,000 | 45,779,000 | 46,281,000 | 46,345,000 |
| Risk-weighted assets | 177,533,000 | 187,158,000 | 196,343,000 | 197,349,000 |