Call reports 2008
CITIZENS NATIONAL BANK OF SOMERSET, THE — 2008
What CITIZENS NATIONAL BANK OF SOMERSET, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 323,465,000 | 310,213,000 | 305,036,000 | 307,886,000 |
| Total loans | 129,397,000 | 134,114,000 | 136,292,000 | 145,577,000 |
| Allowance for loan losses | 2,486,000 | 2,341,000 | 2,619,000 | 2,519,000 |
| Securities available for sale | 136,162,000 | 160,554,000 | 153,287,000 | 145,378,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,184,000 | 265,856,000 | 261,576,000 | 261,557,000 |
| Interest-bearing deposits | 220,311,000 | 211,561,000 | 212,045,000 | 212,981,000 |
| Noninterest-bearing deposits | 51,873,000 | 54,295,000 | 49,531,000 | 48,576,000 |
| Equity capital | 35,410,000 | 30,738,000 | 28,534,000 | 35,010,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,275,000 | 8,498,000 | 12,753,000 | 16,901,000 |
| Interest expense | 1,934,000 | 3,609,000 | 5,155,000 | 6,570,000 |
| Net interest income | 2,341,000 | 4,889,000 | 7,598,000 | 10,331,000 |
| Noninterest income | 624,000 | 1,285,000 | 1,974,000 | 2,579,000 |
| Noninterest expense | 1,899,000 | 3,983,000 | 6,021,000 | 8,522,000 |
| Provision for loan losses | -725,000 | -725,000 | -225,000 | -62,000 |
| Pretax income | 1,958,000 | 3,160,000 | 4,023,000 | 4,759,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,958,000 | 3,160,000 | 4,023,000 | 4,759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,181,000 | 34,258,000 | 34,617,000 | 35,189,000 |
| Total capital | 37,054,000 | 36,134,000 | 36,491,000 | 37,104,000 |
| Risk-weighted assets | 149,239,000 | 149,603,000 | 149,178,000 | 153,239,000 |
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