Call reports 2017
CITIZENS NATIONAL BANK OF SOMERSET, THE — 2017
What CITIZENS NATIONAL BANK OF SOMERSET, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 380,710,000 | 389,913,000 | 387,241,000 | 395,461,000 |
| Total loans | 242,778,000 | 245,981,000 | 245,106,000 | 251,654,000 |
| Allowance for loan losses | 3,365,000 | 3,359,000 | 3,378,000 | 3,218,000 |
| Securities available for sale | 116,427,000 | 114,697,000 | 112,824,000 | 115,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,077,000 | 317,826,000 | 323,612,000 | 325,220,000 |
| Interest-bearing deposits | 207,439,000 | 206,522,000 | 213,774,000 | 216,935,000 |
| Noninterest-bearing deposits | 107,638,000 | 111,304,000 | 109,838,000 | 108,285,000 |
| Equity capital | 38,843,000 | 40,269,000 | 39,792,000 | 39,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,710,000 | 7,527,000 | 11,403,000 | 15,403,000 |
| Interest expense | 205,000 | 423,000 | 650,000 | 899,000 |
| Net interest income | 3,505,000 | 7,104,000 | 10,753,000 | 14,504,000 |
| Noninterest income | 860,000 | 1,916,000 | 2,782,000 | 3,619,000 |
| Noninterest expense | 2,954,000 | 6,051,000 | 9,052,000 | 12,097,000 |
| Provision for loan losses | 129,000 | 258,000 | 394,000 | 527,000 |
| Pretax income | 1,287,000 | 2,727,000 | 4,137,000 | 5,548,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,287,000 | 2,727,000 | 4,137,000 | 5,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,826,000 | 42,154,000 | 41,733,000 | 42,786,000 |
| Total capital | 45,045,000 | 45,404,000 | 45,018,000 | 46,004,000 |
| Risk-weighted assets | 257,394,000 | 259,882,000 | 262,723,000 | 279,956,000 |