Call reports 2020
CITIZENS NATIONAL BANK OF PARK RAPIDS, THE — 2020
What CITIZENS NATIONAL BANK OF PARK RAPIDS, 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 | 268,155,000 | 306,290,000 | 309,965,000 | 317,775,000 |
| Total loans | 221,664,000 | 243,840,000 | 246,341,000 | 240,781,000 |
| Allowance for loan losses | 3,150,000 | 3,394,000 | 3,485,000 | 3,588,000 |
| Securities available for sale | 19,447,000 | 38,169,000 | 32,270,000 | 40,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,373,000 | 272,384,000 | 275,431,000 | 282,835,000 |
| Interest-bearing deposits | 199,747,000 | 228,142,000 | 227,362,000 | 234,941,000 |
| Noninterest-bearing deposits | 33,626,000 | 44,242,000 | 48,069,000 | 47,894,000 |
| Equity capital | 31,329,000 | 31,351,000 | 31,829,000 | 32,635,000 |
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 | 3,123,000 | 6,221,000 | 9,396,000 | 12,478,000 |
| Interest expense | 559,000 | 1,080,000 | 1,558,000 | 1,991,000 |
| Net interest income | 2,564,000 | 5,141,000 | 7,838,000 | 10,487,000 |
| Noninterest income | 254,000 | 1,064,000 | 1,320,000 | 1,601,000 |
| Noninterest expense | 1,655,000 | 3,387,000 | 5,097,000 | 7,047,000 |
| Provision for loan losses | 100,000 | 350,000 | 500,000 | 625,000 |
| Pretax income | 1,063,000 | 2,468,000 | 3,561,000 | 4,416,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,063,000 | 2,468,000 | 3,561,000 | 4,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,029,000 | 31,042,000 | 31,559,000 | 32,414,000 |