Call reports 2021
CITIZENS NATIONAL BANK OF PARK RAPIDS, THE — 2021
What CITIZENS NATIONAL BANK OF PARK RAPIDS, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 318,625,000 | 334,330,000 | 343,081,000 | 337,261,000 |
| Total loans | 244,605,000 | 248,520,000 | 253,488,000 | 251,108,000 |
| Allowance for loan losses | 3,676,000 | 3,765,000 | 3,968,000 | 4,042,000 |
| Securities available for sale | 34,901,000 | 61,319,000 | 58,712,000 | 58,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,118,000 | 298,317,000 | 306,167,000 | 300,478,000 |
| Interest-bearing deposits | 231,429,000 | 246,680,000 | 248,164,000 | 243,666,000 |
| Noninterest-bearing deposits | 51,689,000 | 51,637,000 | 58,003,000 | 56,812,000 |
| Equity capital | 33,195,000 | 33,635,000 | 34,349,000 | 34,532,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,007,000 | 6,193,000 | 9,402,000 | 12,698,000 |
| Interest expense | 353,000 | 664,000 | 935,000 | 1,194,000 |
| Net interest income | 2,654,000 | 5,529,000 | 8,467,000 | 11,504,000 |
| Noninterest income | 786,000 | 1,670,000 | 2,005,000 | 2,394,000 |
| Noninterest expense | 1,775,000 | 3,624,000 | 5,394,000 | 8,214,000 |
| Provision for loan losses | 75,000 | 150,000 | 300,000 | 375,000 |
| Pretax income | 1,590,000 | 3,425,000 | 4,778,000 | 5,309,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,590,000 | 3,425,000 | 4,778,000 | 5,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,236,000 | 33,631,000 | 34,432,000 | 34,963,000 |