Call reports 2020
CITIZENS NATIONAL BANK OF MERIDIAN, THE — 2020
What CITIZENS NATIONAL BANK OF MERIDIAN, THE 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 | 1,437,919,000 | 1,605,886,000 | 1,568,373,000 | 1,595,716,000 |
| Total loans | 989,764,000 | 1,076,044,000 | 1,075,386,000 | 1,039,289,000 |
| Allowance for loan losses | 12,513,000 | 13,045,000 | 13,994,000 | 14,301,000 |
| Securities available for sale | 182,472,000 | 195,304,000 | 192,363,000 | 201,173,000 |
| Securities held to maturity | 113,281,000 | 107,711,000 | 102,982,000 | 97,409,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,241,150,000 | 1,355,523,000 | 1,313,743,000 | 1,343,258,000 |
| Interest-bearing deposits | 983,252,000 | 1,009,552,000 | 985,074,000 | 991,694,000 |
| Noninterest-bearing deposits | 257,898,000 | 345,971,000 | 328,669,000 | 351,564,000 |
| Equity capital | 170,897,000 | 172,892,000 | 175,364,000 | 173,091,000 |
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 | 14,561,000 | 28,591,000 | 42,500,000 | 57,301,000 |
| Interest expense | 2,692,000 | 4,732,000 | 6,157,000 | 7,237,000 |
| Net interest income | 11,869,000 | 23,859,000 | 36,343,000 | 50,064,000 |
| Noninterest income | 5,256,000 | 9,001,000 | 13,621,000 | 18,351,000 |
| Noninterest expense | 10,211,000 | 19,874,000 | 30,131,000 | 40,645,000 |
| Provision for loan losses | 365,000 | 1,061,000 | 1,940,000 | 2,646,000 |
| Pretax income | 6,549,000 | 11,925,000 | 17,893,000 | 25,124,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,549,000 | 11,925,000 | 17,893,000 | 25,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 166,429,000 | 167,783,000 | 169,692,000 | 167,590,000 |
| Total capital | 178,942,000 | 180,828,000 | 183,686,000 | 181,891,000 |
| Risk-weighted assets | 1,267,737,000 | 1,235,836,000 | 1,260,504,000 | 1,227,838,000 |