Call reports 2021
CITIZENS NATIONAL BANK OF SOMERSET, THE — 2021
What CITIZENS NATIONAL BANK OF SOMERSET, 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 | 589,035,000 | 606,262,000 | 618,706,000 | 616,204,000 |
| Total loans | 276,361,000 | 287,868,000 | 298,501,000 | 302,517,000 |
| Allowance for loan losses | 3,849,000 | 4,010,000 | 4,138,000 | 4,218,000 |
| Securities available for sale | 184,990,000 | 205,917,000 | 219,546,000 | 236,765,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 475,032,000 | 493,849,000 | 507,106,000 | 513,004,000 |
| Interest-bearing deposits | 288,448,000 | 308,066,000 | 294,701,000 | 296,745,000 |
| Noninterest-bearing deposits | 186,584,000 | 185,783,000 | 212,405,000 | 216,259,000 |
| Equity capital | 49,123,000 | 51,883,000 | 51,708,000 | 50,328,000 |
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 | 4,678,000 | 9,328,000 | 13,748,000 | 18,258,000 |
| Interest expense | 414,000 | 825,000 | 1,153,000 | 1,415,000 |
| Net interest income | 4,264,000 | 8,503,000 | 12,595,000 | 16,843,000 |
| Noninterest income | 1,311,000 | 2,586,000 | 3,231,000 | 5,319,000 |
| Noninterest expense | 3,272,000 | 6,616,000 | 9,884,000 | 14,994,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 420,000 |
| Pretax income | 2,269,000 | 4,334,000 | 5,697,000 | 6,818,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,269,000 | 4,334,000 | 5,697,000 | 6,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,698,000 | 50,088,000 | 49,690,000 | 50,247,000 |
| Total capital | — | — | — | 54,465,000 |
| Risk-weighted assets | — | — | — | 352,042,000 |