Call reports 2016
CITIZENS & NORTHERN BANK — 2016
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,202,804,000 | 1,216,654,000 | 1,230,460,000 | 1,228,026,000 |
| Total loans | 702,131,000 | 728,223,000 | 742,959,000 | 751,977,000 |
| Allowance for loan losses | 7,661,000 | 7,929,000 | 8,421,000 | 8,473,000 |
| Securities available for sale | 401,163,000 | 403,330,000 | 395,889,000 | 381,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 959,980,000 | 973,720,000 | 997,839,000 | 990,241,000 |
| Interest-bearing deposits | 740,023,000 | 753,173,000 | 771,099,000 | 759,988,000 |
| Noninterest-bearing deposits | 219,957,000 | 220,547,000 | 226,740,000 | 230,253,000 |
| Equity capital | 170,921,000 | 170,430,000 | 169,991,000 | 165,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 10,858,000 | 21,716,000 | 32,759,000 | 43,792,000 |
| Interest expense | 905,000 | 1,830,000 | 2,774,000 | 3,695,000 |
| Net interest income | 9,953,000 | 19,886,000 | 29,985,000 | 40,097,000 |
| Noninterest income | 3,632,000 | 7,504,000 | 11,352,000 | 15,417,000 |
| Noninterest expense | 8,839,000 | 17,177,000 | 25,607,000 | 34,067,000 |
| Provision for loan losses | 368,000 | 686,000 | 1,224,000 | 1,221,000 |
| Pretax income | 4,512,000 | 9,755,000 | 14,758,000 | 20,259,000 |
| Income tax | 1,061,000 | 2,409,000 | 3,686,000 | 5,139,000 |
| Net income | 3,451,000 | 7,346,000 | 11,072,000 | 15,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 153,897,000 | 151,990,000 | 152,896,000 | 154,036,000 |
| Total capital | 161,558,000 | 159,919,000 | 161,486,000 | 162,705,000 |
| Risk-weighted assets | 734,850,000 | 761,284,000 | 767,639,000 | 773,676,000 |