Call reports 2024
CITIZENS NATIONAL BANK OF SOMERSET, THE — 2024
What CITIZENS NATIONAL BANK OF SOMERSET, 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 | 622,973,000 | 607,021,000 | 639,950,000 | 649,716,000 |
| Total loans | 325,231,000 | 333,388,000 | 336,609,000 | 347,701,000 |
| Allowance for loan losses | 5,133,000 | 5,187,000 | 5,288,000 | 5,344,000 |
| Securities available for sale | 245,468,000 | 245,177,000 | 262,042,000 | 256,443,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 514,748,000 | 518,882,000 | 528,959,000 | 533,217,000 |
| Interest-bearing deposits | 312,656,000 | 323,947,000 | 339,531,000 | 345,212,000 |
| Noninterest-bearing deposits | 202,092,000 | 194,935,000 | 189,428,000 | 188,005,000 |
| Equity capital | 20,587,000 | 22,811,000 | 31,771,000 | 25,485,000 |
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 | 6,715,000 | 13,505,000 | 20,658,000 | 28,246,000 |
| Interest expense | 2,688,000 | 5,281,000 | 8,274,000 | 11,354,000 |
| Net interest income | 4,027,000 | 8,224,000 | 12,384,000 | 16,892,000 |
| Noninterest income | 1,119,000 | 2,303,000 | 3,496,000 | 4,805,000 |
| Noninterest expense | 3,835,000 | 7,462,000 | 10,930,000 | 14,426,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 420,000 |
| Pretax income | 1,206,000 | 2,855,000 | 4,635,000 | 6,851,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,206,000 | 2,855,000 | 4,635,000 | 6,851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,814,000 | 57,473,000 | 57,395,000 | 58,856,000 |
| Total capital | 61,486,000 | 62,205,000 | 61,810,000 | 63,600,000 |
| Risk-weighted assets | 373,271,000 | 378,067,000 | 352,309,000 | 378,944,000 |