Call reports 2016
CITIZENS NATIONAL BANK OF ALBION — 2016
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 312,403,000 | 313,414,000 | 321,405,000 | 325,292,000 |
| Total loans | 218,473,000 | 227,392,000 | 235,464,000 | 242,058,000 |
| Allowance for loan losses | 2,646,000 | 2,762,000 | 2,813,000 | 2,900,000 |
| Securities available for sale | 76,191,000 | 74,423,000 | 72,817,000 | 72,215,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 709,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,920,000 | 254,557,000 | 259,834,000 | 261,286,000 |
| Interest-bearing deposits | 219,367,000 | 218,995,000 | 218,479,000 | 221,675,000 |
| Noninterest-bearing deposits | 37,553,000 | 35,562,000 | 41,355,000 | 39,611,000 |
| Equity capital | 48,285,000 | 48,843,000 | 49,631,000 | 48,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,907,000 | 5,836,000 | 8,809,000 | 11,862,000 |
| Interest expense | 396,000 | 809,000 | 1,231,000 | 1,656,000 |
| Net interest income | 2,511,000 | 5,027,000 | 7,578,000 | 10,206,000 |
| Noninterest income | 239,000 | 478,000 | 831,000 | 1,108,000 |
| Noninterest expense | 1,477,000 | 2,964,000 | 4,508,000 | 6,446,000 |
| Provision for loan losses | 108,000 | 216,000 | 324,000 | 432,000 |
| Pretax income | 1,181,000 | 2,359,000 | 3,623,000 | 4,483,000 |
| Income tax | 357,000 | 736,000 | 1,122,000 | 1,363,000 |
| Net income | 824,000 | 1,623,000 | 2,501,000 | 3,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,706,000 | 47,112,000 | 47,997,000 | 47,824,000 |
| Total capital | 49,437,000 | 49,959,000 | 50,895,000 | 50,809,000 |
| Risk-weighted assets | 225,596,000 | 232,456,000 | 239,650,000 | 245,450,000 |