Call reports 2021
CITIZENS NATIONAL BANK OF ALBION — 2021
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 350,188,000 | 341,025,000 | 336,696,000 | 354,541,000 |
| Total loans | 195,991,000 | 197,895,000 | 196,567,000 | 200,544,000 |
| Allowance for loan losses | 2,534,000 | 2,560,000 | 2,631,000 | 2,668,000 |
| Securities available for sale | 76,901,000 | 78,841,000 | 82,046,000 | 91,090,000 |
| Securities held to maturity | 709,000 | 709,000 | 709,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 284,667,000 | 278,947,000 | 276,874,000 | 296,639,000 |
| Interest-bearing deposits | 226,052,000 | 225,122,000 | 224,097,000 | 237,576,000 |
| Noninterest-bearing deposits | 58,615,000 | 53,825,000 | 52,777,000 | 59,063,000 |
| Equity capital | 56,909,000 | 57,467,000 | 58,214,000 | 56,464,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,478,000 | 4,817,000 | 7,181,000 | 9,564,000 |
| Interest expense | 417,000 | 772,000 | 1,075,000 | 1,361,000 |
| Net interest income | 2,061,000 | 4,045,000 | 6,106,000 | 8,203,000 |
| Noninterest income | 630,000 | 1,377,000 | 1,760,000 | 2,060,000 |
| Noninterest expense | 1,488,000 | 3,079,000 | 4,643,000 | 6,383,000 |
| Provision for loan losses | 72,000 | 144,000 | 216,000 | 288,000 |
| Pretax income | 1,131,000 | 2,199,000 | 3,007,000 | 3,599,000 |
| Income tax | 272,000 | 525,000 | 704,000 | 819,000 |
| Net income | 859,000 | 1,674,000 | 2,303,000 | 2,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,093,000 | 55,520,000 | 56,160,000 | 55,049,000 |
| Total capital | 57,652,000 | 58,021,000 | 58,716,000 | 57,686,000 |
| Risk-weighted assets | 204,705,000 | 199,920,000 | 204,365,000 | 210,839,000 |