Call reports 2024
CITIZENS NATIONAL BANK OF MERIDIAN, THE — 2024
What CITIZENS NATIONAL BANK OF MERIDIAN, THE 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 | 1,709,460,000 | 1,732,615,000 | 1,732,964,000 | 1,713,832,000 |
| Total loans | 1,131,939,000 | 1,179,718,000 | 1,196,383,000 | 1,211,496,000 |
| Allowance for loan losses | 13,853,000 | 13,814,000 | 13,853,000 | 13,895,000 |
| Securities available for sale | 218,662,000 | 215,920,000 | 221,547,000 | 214,565,000 |
| Securities held to maturity | 195,065,000 | 182,782,000 | 180,285,000 | 175,160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,435,559,000 | 1,446,435,000 | 1,441,460,000 | 1,493,254,000 |
| Interest-bearing deposits | 1,223,409,000 | 1,230,592,000 | 1,219,081,000 | 1,293,391,000 |
| Noninterest-bearing deposits | 212,150,000 | 215,843,000 | 222,379,000 | 199,863,000 |
| Equity capital | 161,554,000 | 163,207,000 | 175,029,000 | 165,911,000 |
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 | 18,792,000 | 38,869,000 | 59,915,000 | 80,793,000 |
| Interest expense | 6,770,000 | 14,299,000 | 22,361,000 | 30,566,000 |
| Net interest income | 12,022,000 | 24,570,000 | 37,554,000 | 50,227,000 |
| Noninterest income | 5,380,000 | 11,243,000 | 17,102,000 | 23,310,000 |
| Noninterest expense | 12,197,000 | 24,484,000 | 36,977,000 | 49,186,000 |
| Provision for loan losses | -683,000 | -487,000 | -269,000 | 151,000 |
| Pretax income | 4,986,000 | 10,914,000 | 17,046,000 | 23,298,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,986,000 | 10,914,000 | 17,046,000 | 23,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 196,272,000 | 197,382,000 | 200,714,000 | 197,025,000 |
| Total capital | 210,125,000 | 211,196,000 | 214,567,000 | 210,920,000 |
| Risk-weighted assets | 1,362,585,000 | 1,413,899,000 | 1,431,587,000 | 1,446,150,000 |