Call reports 2024
CITIZENS NATIONAL BANK OF PARK RAPIDS, THE — 2024
What CITIZENS NATIONAL BANK OF PARK RAPIDS, 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 | 335,914,000 | 349,079,000 | 348,302,000 | 354,107,000 |
| Total loans | 282,001,000 | 286,953,000 | 290,580,000 | 290,519,000 |
| Allowance for loan losses | 4,674,000 | 4,779,000 | 4,836,000 | 4,755,000 |
| Securities available for sale | 34,859,000 | 30,460,000 | 29,048,000 | 21,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 284,561,000 | 302,654,000 | 300,111,000 | 305,259,000 |
| Interest-bearing deposits | 232,604,000 | 250,797,000 | 245,069,000 | 252,121,000 |
| Noninterest-bearing deposits | 51,957,000 | 51,857,000 | 55,042,000 | 53,138,000 |
| Equity capital | 38,094,000 | 38,081,000 | 39,608,000 | 40,857,000 |
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 | 4,329,000 | 9,174,000 | 14,172,000 | 19,266,000 |
| Interest expense | 1,540,000 | 3,274,000 | 5,045,000 | 6,827,000 |
| Net interest income | 2,789,000 | 5,900,000 | 9,127,000 | 12,439,000 |
| Noninterest income | 326,000 | 725,000 | 1,113,000 | 1,497,000 |
| Noninterest expense | 1,894,000 | 3,890,000 | 5,883,000 | 8,116,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 1,176,000 | 2,645,000 | 4,222,000 | 5,640,000 |
| Income tax | 0 | 246,000 | 369,000 | 520,000 |
| Net income | 1,176,000 | 2,399,000 | 3,853,000 | 5,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,926,000 | 39,734,000 | 40,612,000 | 41,879,000 |