Call reports 2008
CITIZENS & NORTHERN BANK — 2008
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,224,597,000 | 1,230,379,000 | 1,231,453,000 | 1,225,003,000 |
| Total loans | 712,409,000 | 732,755,000 | 740,876,000 | 727,936,000 |
| Allowance for loan losses | 8,674,000 | 8,203,000 | 8,289,000 | 7,684,000 |
| Securities available for sale | 391,418,000 | 390,548,000 | 383,780,000 | 386,826,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,350,000 | 1,770,000 | 1,630,000 | 2,306,000 |
| Total deposits | 803,368,000 | 810,424,000 | 819,444,000 | 825,039,000 |
| Interest-bearing deposits | 691,075,000 | 690,176,000 | 701,805,000 | 709,664,000 |
| Noninterest-bearing deposits | 112,293,000 | 120,248,000 | 117,639,000 | 115,375,000 |
| Equity capital | 99,681,000 | 99,139,000 | 90,975,000 | 94,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 18,132,000 | 35,904,000 | 53,877,000 | 71,849,000 |
| Interest expense | 8,578,000 | 16,186,000 | 23,553,000 | 30,624,000 |
| Net interest income | 9,554,000 | 19,718,000 | 30,324,000 | 41,225,000 |
| Noninterest income | 3,234,000 | 6,159,000 | 8,994,000 | 11,964,000 |
| Noninterest expense | 7,812,000 | 15,504,000 | 23,843,000 | 31,317,000 |
| Provision for loan losses | 931,000 | 593,000 | 764,000 | 1,032,000 |
| Pretax income | 4,110,000 | 9,879,000 | 10,412,000 | 12,625,000 |
| Income tax | 1,025,000 | 2,635,000 | 2,400,000 | 2,662,000 |
| Net income | 3,085,000 | 7,244,000 | 8,012,000 | 9,963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,449,000 | 104,358,000 | 103,620,000 | 105,301,000 |
| Total capital | 111,344,000 | 112,561,000 | 112,146,000 | 112,985,000 |
| Risk-weighted assets | 811,322,000 | 826,548,000 | 847,948,000 | 901,581,000 |
Machine access — free, no API key
Every figure shown here about CITIZENS & NORTHERN BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.