Call reports 2023
CITIZENS NATIONAL BANK OF MERIDIAN, THE — 2023
What CITIZENS NATIONAL BANK OF MERIDIAN, THE 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 | 1,724,229,000 | 1,666,340,000 | 1,661,768,000 | 1,644,447,000 |
| Total loans | 1,091,427,000 | 1,078,074,000 | 1,096,002,000 | 1,115,994,000 |
| Allowance for loan losses | 14,725,000 | 14,783,000 | 14,642,000 | 14,570,000 |
| Securities available for sale | 231,695,000 | 225,313,000 | 214,075,000 | 224,309,000 |
| Securities held to maturity | 228,757,000 | 226,216,000 | 213,010,000 | 198,451,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,537,360,000 | 1,459,482,000 | 1,456,223,000 | 1,384,864,000 |
| Interest-bearing deposits | 1,168,544,000 | 1,255,916,000 | 1,227,504,000 | 1,165,147,000 |
| Noninterest-bearing deposits | 368,816,000 | 203,566,000 | 228,719,000 | 219,717,000 |
| Equity capital | 150,776,000 | 149,321,000 | 149,392,000 | 158,416,000 |
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 | 16,822,000 | 33,850,000 | 51,289,000 | 69,247,000 |
| Interest expense | 3,563,000 | 8,068,000 | 13,717,000 | 19,589,000 |
| Net interest income | 13,259,000 | 25,782,000 | 37,572,000 | 49,658,000 |
| Noninterest income | 5,257,000 | 10,642,000 | 19,224,000 | 25,024,000 |
| Noninterest expense | 12,132,000 | 24,257,000 | 36,254,000 | 47,971,000 |
| Provision for loan losses | 180,000 | 240,000 | 240,000 | 240,000 |
| Pretax income | 6,202,000 | 11,925,000 | 20,300,000 | 26,469,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,202,000 | 11,925,000 | 20,300,000 | 26,469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,931,000 | 187,757,000 | 194,146,000 | 191,291,000 |
| Total capital | 201,656,000 | 202,540,000 | 208,788,000 | 206,266,000 |
| Risk-weighted assets | 1,347,479,000 | 1,340,627,000 | 1,339,292,000 | 1,357,820,000 |