Call reports 2017
CITIZENS & NORTHERN BANK — 2017
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,219,470,000 | 1,228,726,000 | 1,245,407,000 | 1,262,642,000 |
| Total loans | 762,184,000 | 781,400,000 | 801,449,000 | 816,478,000 |
| Allowance for loan losses | 8,744,000 | 8,635,000 | 8,900,000 | 8,856,000 |
| Securities available for sale | 363,502,000 | 350,668,000 | 351,233,000 | 343,301,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 986,788,000 | 1,004,023,000 | 1,028,781,000 | 1,016,035,000 |
| Interest-bearing deposits | 745,614,000 | 760,643,000 | 785,408,000 | 767,997,000 |
| Noninterest-bearing deposits | 241,174,000 | 243,380,000 | 243,373,000 | 248,038,000 |
| Equity capital | 166,385,000 | 168,451,000 | 169,372,000 | 166,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 11,042,000 | 22,313,000 | 33,869,000 | 45,585,000 |
| Interest expense | 953,000 | 1,932,000 | 2,917,000 | 3,916,000 |
| Net interest income | 10,089,000 | 20,381,000 | 30,952,000 | 41,669,000 |
| Noninterest income | 3,806,000 | 7,828,000 | 11,905,000 | 15,991,000 |
| Noninterest expense | 9,090,000 | 17,933,000 | 26,987,000 | 36,233,000 |
| Provision for loan losses | 452,000 | 456,000 | 778,000 | 801,000 |
| Pretax income | 4,498,000 | 9,965,000 | 15,245,000 | 20,779,000 |
| Income tax | 1,033,000 | 2,459,000 | 3,812,000 | 7,408,000 |
| Net income | 3,465,000 | 7,506,000 | 11,433,000 | 13,371,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 154,669,000 | 155,877,000 | 156,949,000 | 156,026,000 |
| Total capital | 163,625,000 | 164,739,000 | 166,093,000 | 165,142,000 |
| Risk-weighted assets | 774,764,000 | 785,694,000 | 792,689,000 | 806,605,000 |