Call reports 2024
CITIZENS NATIONAL BANK OF ALBION — 2024
What CITIZENS NATIONAL BANK OF ALBION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 341,936,000 | 339,541,000 | 348,420,000 | 346,446,000 |
| Total loans | 226,967,000 | 230,752,000 | 232,077,000 | 234,523,000 |
| Allowance for loan losses | 3,083,000 | 3,034,000 | 3,086,000 | 3,060,000 |
| Securities available for sale | 90,551,000 | 88,724,000 | 90,448,000 | 88,073,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,203,000 | 276,002,000 | 282,485,000 | 287,256,000 |
| Interest-bearing deposits | 222,151,000 | 223,140,000 | 231,706,000 | 233,761,000 |
| Noninterest-bearing deposits | 57,052,000 | 52,862,000 | 50,779,000 | 53,495,000 |
| Equity capital | 53,802,000 | 54,417,000 | 56,807,000 | 55,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,599,000 | 7,364,000 | 11,280,000 | 15,355,000 |
| Interest expense | 1,208,000 | 2,465,000 | 3,804,000 | 5,178,000 |
| Net interest income | 2,391,000 | 4,899,000 | 7,476,000 | 10,177,000 |
| Noninterest income | 343,000 | 743,000 | 1,123,000 | 1,494,000 |
| Noninterest expense | 1,724,000 | 3,464,000 | 5,216,000 | 7,168,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 953,000 | 2,076,000 | 3,236,000 | 4,311,000 |
| Income tax | 203,000 | 461,000 | 728,000 | 972,000 |
| Net income | 750,000 | 1,615,000 | 2,508,000 | 3,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,137,000 | 57,602,000 | 58,495,000 | 57,726,000 |
| Total capital | 60,131,000 | 60,637,000 | 61,548,000 | 60,797,000 |
| Risk-weighted assets | 239,360,000 | 242,689,000 | 244,177,000 | 245,639,000 |