Call reports 2015
CITIZENS & NORTHERN BANK — 2015
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,238,236,000 | 1,241,995,000 | 1,219,001,000 | 1,209,389,000 |
| Total loans | 628,559,000 | 664,010,000 | 679,941,000 | 705,160,000 |
| Allowance for loan losses | 7,134,000 | 7,300,000 | 7,416,000 | 7,889,000 |
| Securities available for sale | 516,705,000 | 486,963,000 | 451,648,000 | 415,486,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 984,157,000 | 985,782,000 | 968,140,000 | 942,331,000 |
| Interest-bearing deposits | 753,655,000 | 762,184,000 | 758,077,000 | 725,411,000 |
| Noninterest-bearing deposits | 230,502,000 | 223,598,000 | 210,063,000 | 216,920,000 |
| Equity capital | 167,896,000 | 166,105,000 | 169,623,000 | 167,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 11,060,000 | 22,160,000 | 33,201,000 | 44,169,000 |
| Interest expense | 1,214,000 | 2,390,000 | 3,517,000 | 4,604,000 |
| Net interest income | 9,846,000 | 19,770,000 | 29,684,000 | 39,565,000 |
| Noninterest income | 3,454,000 | 7,478,000 | 11,406,000 | 15,425,000 |
| Noninterest expense | 8,369,000 | 17,242,000 | 25,213,000 | 35,163,000 |
| Provision for loan losses | 3,000 | 224,000 | 526,000 | 845,000 |
| Pretax income | 5,002,000 | 10,312,000 | 15,960,000 | 19,703,000 |
| Income tax | 1,239,000 | 2,537,000 | 3,962,000 | 4,685,000 |
| Net income | 3,763,000 | 7,775,000 | 11,998,000 | 15,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,259,000 | 151,604,000 | 153,132,000 | 153,298,000 |
| Total capital | 157,426,000 | 158,938,000 | 160,578,000 | 161,187,000 |
| Risk-weighted assets | 698,960,000 | 727,587,000 | 728,117,000 | 738,228,000 |