Call reports 2022
CITIZENS NATIONAL BANK OF ALBION — 2022
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 354,700,000 | 353,965,000 | 344,002,000 | 347,898,000 |
| Total loans | 191,658,000 | 198,248,000 | 202,431,000 | 216,406,000 |
| Allowance for loan losses | 2,779,000 | 2,857,000 | 2,858,000 | 2,897,000 |
| Securities available for sale | 92,151,000 | 94,924,000 | 97,998,000 | 97,123,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,159,000 | 300,498,000 | 291,930,000 | 296,169,000 |
| Interest-bearing deposits | 239,036,000 | 240,828,000 | 233,035,000 | 234,633,000 |
| Noninterest-bearing deposits | 60,123,000 | 59,670,000 | 58,895,000 | 61,536,000 |
| Equity capital | 54,129,000 | 51,850,000 | 51,452,000 | 51,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,307,000 | 4,845,000 | 7,550,000 | 10,481,000 |
| Interest expense | 265,000 | 522,000 | 799,000 | 1,277,000 |
| Net interest income | 2,042,000 | 4,323,000 | 6,751,000 | 9,204,000 |
| Noninterest income | 283,000 | 566,000 | 876,000 | 1,217,000 |
| Noninterest expense | 1,569,000 | 3,200,000 | 4,818,000 | 6,664,000 |
| Provision for loan losses | 72,000 | 144,000 | 216,000 | 288,000 |
| Pretax income | 684,000 | 1,544,000 | 2,592,000 | 3,468,000 |
| Income tax | 141,000 | 321,000 | 551,000 | 728,000 |
| Net income | 543,000 | 1,223,000 | 2,041,000 | 2,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,602,000 | 55,894,000 | 56,723,000 | 55,834,000 |
| Total capital | 58,141,000 | 58,583,000 | 59,498,000 | 58,748,000 |
| Risk-weighted assets | 202,798,000 | 214,872,000 | 221,872,000 | 233,012,000 |