Call reports 2016
CITIZENS NATIONAL BANK OF PARK RAPIDS, THE — 2016
What CITIZENS NATIONAL BANK OF PARK RAPIDS, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 238,400,000 | 244,882,000 | 242,244,000 | 242,927,000 |
| Total loans | 185,129,000 | 185,830,000 | 188,368,000 | 190,324,000 |
| Allowance for loan losses | 2,373,000 | 2,389,000 | 2,335,000 | 2,342,000 |
| Securities available for sale | 31,843,000 | 38,235,000 | 31,662,000 | 30,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,517,000 | 217,028,000 | 214,163,000 | 214,880,000 |
| Interest-bearing deposits | 185,115,000 | 189,801,000 | 184,731,000 | 187,236,000 |
| Noninterest-bearing deposits | 25,402,000 | 27,227,000 | 29,432,000 | 27,644,000 |
| Equity capital | 25,489,000 | 25,346,000 | 25,459,000 | 25,822,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,542,000 | 5,134,000 | 7,759,000 | 10,364,000 |
| Interest expense | 255,000 | 520,000 | 777,000 | 1,046,000 |
| Net interest income | 2,287,000 | 4,614,000 | 6,982,000 | 9,318,000 |
| Noninterest income | 192,000 | 423,000 | 654,000 | 900,000 |
| Noninterest expense | 1,599,000 | 3,128,000 | 4,822,000 | 6,315,000 |
| Provision for loan losses | 300,000 | 450,000 | 600,000 | 810,000 |
| Pretax income | 580,000 | 1,459,000 | 2,213,000 | 3,092,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 580,000 | 1,459,000 | 2,213,000 | 3,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,879,000 | 24,607,000 | 24,844,000 | 25,724,000 |
| Total capital | 27,029,000 | 26,790,000 | 27,019,000 | 27,909,000 |
| Risk-weighted assets | 171,828,000 | 174,484,000 | 173,903,000 | 174,720,000 |