Call reports 2020
CITIZENS NATIONAL BANK OF ALBION — 2020
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 316,109,000 | 323,205,000 | 323,010,000 | 331,139,000 |
| Total loans | 212,799,000 | 217,029,000 | 215,716,000 | 207,588,000 |
| Allowance for loan losses | 3,008,000 | 2,666,000 | 2,543,000 | 2,444,000 |
| Securities available for sale | 71,332,000 | 69,178,000 | 72,110,000 | 74,635,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 709,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,847,000 | 256,652,000 | 255,868,000 | 265,808,000 |
| Interest-bearing deposits | 209,409,000 | 209,899,000 | 209,452,000 | 215,186,000 |
| Noninterest-bearing deposits | 41,438,000 | 46,753,000 | 46,416,000 | 50,622,000 |
| Equity capital | 55,371,000 | 57,645,000 | 58,256,000 | 56,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,025,000 | 5,854,000 | 8,574,000 | 11,192,000 |
| Interest expense | 653,000 | 1,259,000 | 1,789,000 | 2,269,000 |
| Net interest income | 2,372,000 | 4,595,000 | 6,785,000 | 8,923,000 |
| Noninterest income | 266,000 | 856,000 | 1,197,000 | 1,498,000 |
| Noninterest expense | 1,548,000 | 3,120,000 | 4,632,000 | 6,286,000 |
| Provision for loan losses | 108,000 | 216,000 | 539,000 | 1,382,000 |
| Pretax income | 1,046,000 | 2,180,000 | 2,882,000 | 2,829,000 |
| Income tax | 245,000 | 515,000 | 663,000 | 598,000 |
| Net income | 801,000 | 1,665,000 | 2,219,000 | 2,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,759,000 | 55,234,000 | 55,800,000 | 54,224,000 |
| Total capital | 57,521,000 | 57,985,000 | 58,428,000 | 56,753,000 |
| Risk-weighted assets | 220,684,000 | 224,084,000 | 223,731,000 | 216,509,000 |