Call reports 2023
CITIZENS NATIONAL BANK OF ALBION — 2023
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 345,974,000 | 335,014,000 | 334,236,000 | 342,259,000 |
| Total loans | 208,988,000 | 213,880,000 | 220,967,000 | 230,945,000 |
| Allowance for loan losses | 3,245,000 | 3,277,000 | 3,031,000 | 3,028,000 |
| Securities available for sale | 95,980,000 | 93,692,000 | 92,051,000 | 92,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,150,000 | 277,211,000 | 276,276,000 | 283,441,000 |
| Interest-bearing deposits | 226,566,000 | 220,574,000 | 223,083,000 | 225,372,000 |
| Noninterest-bearing deposits | 66,584,000 | 56,637,000 | 53,193,000 | 58,069,000 |
| Equity capital | 52,079,000 | 51,848,000 | 51,985,000 | 52,758,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,006,000 | 6,130,000 | 9,383,000 | 12,848,000 |
| Interest expense | 642,000 | 1,439,000 | 2,408,000 | 3,508,000 |
| Net interest income | 2,364,000 | 4,691,000 | 6,975,000 | 9,340,000 |
| Noninterest income | 349,000 | 712,000 | 1,001,000 | 1,355,000 |
| Noninterest expense | 1,696,000 | 3,377,000 | 5,109,000 | 7,060,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 972,000 | 1,935,000 | 2,731,000 | 3,454,000 |
| Income tax | 206,000 | 409,000 | 566,000 | 701,000 |
| Net income | 766,000 | 1,526,000 | 2,165,000 | 2,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,394,000 | 56,763,000 | 57,402,000 | 56,389,000 |
| Total capital | 59,241,000 | 59,652,000 | 60,352,000 | 59,448,000 |
| Risk-weighted assets | 227,342,000 | 230,627,000 | 235,871,000 | 244,703,000 |