Call reports 2022
CITIZENS NATIONAL BANK OF PARK RAPIDS, THE — 2022
What CITIZENS NATIONAL BANK OF PARK RAPIDS, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 336,887,000 | 344,258,000 | 345,033,000 | 333,048,000 |
| Total loans | 247,895,000 | 260,549,000 | 269,619,000 | 273,139,000 |
| Allowance for loan losses | 4,138,000 | 4,223,000 | 4,309,000 | 4,412,000 |
| Securities available for sale | 57,961,000 | 72,666,000 | 62,343,000 | 51,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 301,008,000 | 309,009,000 | 304,154,000 | 292,879,000 |
| Interest-bearing deposits | 244,797,000 | 251,145,000 | 242,689,000 | 237,268,000 |
| Noninterest-bearing deposits | 56,211,000 | 57,864,000 | 61,465,000 | 55,611,000 |
| Equity capital | 33,503,000 | 32,709,000 | 32,598,000 | 34,405,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,056,000 | 6,408,000 | 10,055,000 | 13,735,000 |
| Interest expense | 240,000 | 491,000 | 782,000 | 1,306,000 |
| Net interest income | 2,816,000 | 5,917,000 | 9,273,000 | 12,429,000 |
| Noninterest income | 311,000 | 694,000 | 1,047,000 | 1,447,000 |
| Noninterest expense | 1,723,000 | 3,656,000 | 5,460,000 | 7,546,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,329,000 | 2,805,000 | 4,635,000 | 6,017,000 |
| Income tax | 50,000 | 368,000 | 526,000 | 526,000 |
| Net income | 1,279,000 | 2,437,000 | 4,109,000 | 5,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,473,000 | 35,401,000 | 36,522,000 | 37,904,000 |