Call reports 2017
CITIZENS NATIONAL BANK OF ALBION — 2017
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 320,834,000 | 331,394,000 | 341,786,000 | 332,325,000 |
| Total loans | 238,809,000 | 247,309,000 | 248,320,000 | 244,974,000 |
| Allowance for loan losses | 3,005,000 | 3,099,000 | 3,140,000 | 2,926,000 |
| Securities available for sale | 72,091,000 | 72,476,000 | 73,407,000 | 73,712,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 709,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,649,000 | 256,082,000 | 265,777,000 | 260,115,000 |
| Interest-bearing deposits | 219,929,000 | 217,441,000 | 224,257,000 | 221,738,000 |
| Noninterest-bearing deposits | 39,720,000 | 38,641,000 | 41,520,000 | 38,377,000 |
| Equity capital | 49,336,000 | 50,281,000 | 51,006,000 | 50,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,981,000 | 6,055,000 | 9,238,000 | 12,423,000 |
| Interest expense | 436,000 | 904,000 | 1,434,000 | 1,955,000 |
| Net interest income | 2,545,000 | 5,151,000 | 7,804,000 | 10,468,000 |
| Noninterest income | 238,000 | 508,000 | 755,000 | 1,071,000 |
| Noninterest expense | 1,507,000 | 3,082,000 | 4,655,000 | 6,428,000 |
| Provision for loan losses | 108,000 | 216,000 | 324,000 | 182,000 |
| Pretax income | 1,199,000 | 2,401,000 | 3,630,000 | 4,983,000 |
| Income tax | 370,000 | 741,000 | 1,144,000 | 1,881,000 |
| Net income | 829,000 | 1,660,000 | 2,486,000 | 3,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,599,000 | 49,040,000 | 49,874,000 | 49,700,000 |
| Total capital | 51,614,000 | 52,175,000 | 53,065,000 | 52,711,000 |
| Risk-weighted assets | 241,136,000 | 250,823,000 | 255,278,000 | 250,210,000 |