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Call reports 2007

CITIZENS & NORTHERN BANK — 2007

What CITIZENS & NORTHERN BANK reported to the FFIEC in 2007, quarter by quarter.

PERIOD: 2007SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6ae53108-2592-4a3c-a21a-aac66ef09bab/2007

Balance sheet

What the bank holds and owes at quarter end

Measure2007Q12007Q22007Q32007Q4
Total assets1,060,093,0001,165,104,0001,136,356,0001,225,710,000
Total loans676,290,000737,179,000727,374,000717,294,000
Allowance for loan losses7,977,0008,559,0008,402,0008,560,000
Securities available for sale308,417,000310,011,000310,610,000400,039,000
Securities held to maturity0000
Trading assets1,528,0002,514,0002,515,0002,980,000
Total deposits731,124,000833,244,000789,197,000801,218,000
Interest-bearing deposits633,430,000722,482,000676,903,000685,759,000
Noninterest-bearing deposits97,694,000110,762,000112,294,000115,459,000
Equity capital95,709,000108,560,000107,701,000107,705,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2007Q12007Q22007Q32007Q4
Interest income15,665,00032,793,00050,295,00067,945,000
Interest expense7,984,00016,638,00025,157,00033,792,000
Net interest income7,681,00016,155,00025,138,00034,153,000
Noninterest income1,822,0004,206,0006,650,0009,217,000
Noninterest expense7,622,00015,183,00023,169,00030,760,000
Provision for loan losses229,000229,000229,000529,000
Pretax income2,440,0003,996,0007,236,00010,966,000
Income tax439,000623,0001,341,0002,223,000
Net income2,001,0003,373,0005,895,0008,743,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2007Q12007Q22007Q32007Q4
Tier 1 capital97,601,000100,953,000101,292,000104,297,000
Total capital106,181,000110,070,000110,071,000112,965,000
Risk-weighted assets744,591,000805,770,000790,925,000812,715,000

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