Call reports 2022
CITIZENS NATIONAL BANK OF SOMERSET, THE — 2022
What CITIZENS NATIONAL BANK OF SOMERSET, 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 | 613,319,000 | 605,887,000 | 606,726,000 | 610,873,000 |
| Total loans | 307,200,000 | 313,499,000 | 324,417,000 | 329,037,000 |
| Allowance for loan losses | 4,341,000 | 4,419,000 | 4,609,000 | 4,683,000 |
| Securities available for sale | 257,795,000 | 261,693,000 | 262,218,000 | 261,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 530,941,000 | 537,057,000 | 541,476,000 | 525,864,000 |
| Interest-bearing deposits | 302,700,000 | 310,587,000 | 306,027,000 | 302,725,000 |
| Noninterest-bearing deposits | 228,241,000 | 226,470,000 | 235,449,000 | 223,139,000 |
| Equity capital | 35,129,000 | 21,101,000 | 12,260,000 | 15,765,000 |
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 | 4,634,000 | 9,560,000 | 15,006,000 | 20,803,000 |
| Interest expense | 219,000 | 489,000 | 953,000 | 1,700,000 |
| Net interest income | 4,415,000 | 9,071,000 | 14,053,000 | 19,103,000 |
| Noninterest income | 1,325,000 | 2,584,000 | 3,818,000 | 5,104,000 |
| Noninterest expense | 3,454,000 | 6,916,000 | 10,505,000 | 14,284,000 |
| Provision for loan losses | 105,000 | 210,000 | 415,000 | 520,000 |
| Pretax income | 2,203,000 | 4,551,000 | 6,973,000 | 9,404,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,203,000 | 4,551,000 | 6,973,000 | 9,404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,200,000 | 52,031,000 | 52,378,000 | 53,982,000 |
| Total capital | 55,340,000 | 56,395,000 | 56,718,000 | 58,515,000 |
| Risk-weighted assets | 331,008,000 | 349,068,000 | 346,916,000 | 362,498,000 |