Call reports 2018
CITIZENS & NORTHERN BANK — 2018
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,243,854,000 | 1,269,686,000 | 1,271,233,000 | 1,276,156,000 |
| Total loans | 817,574,000 | 818,824,000 | 823,083,000 | 827,776,000 |
| Allowance for loan losses | 9,049,000 | 8,831,000 | 8,815,000 | 9,309,000 |
| Securities available for sale | 327,809,000 | 334,498,000 | 345,339,000 | 350,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,025,749,000 | 1,048,640,000 | 1,052,006,000 | 1,041,526,000 |
| Interest-bearing deposits | 768,029,000 | 793,148,000 | 783,815,000 | 761,599,000 |
| Noninterest-bearing deposits | 257,720,000 | 255,492,000 | 268,191,000 | 279,927,000 |
| Equity capital | 164,476,000 | 167,141,000 | 167,957,000 | 174,795,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,824,000 | 24,090,000 | 36,821,000 | 50,050,000 |
| Interest expense | 994,000 | 2,074,000 | 3,316,000 | 4,628,000 |
| Net interest income | 10,830,000 | 22,016,000 | 33,505,000 | 45,422,000 |
| Noninterest income | 4,448,000 | 10,047,000 | 15,859,000 | 20,911,000 |
| Noninterest expense | 9,742,000 | 19,178,000 | 28,590,000 | 38,488,000 |
| Provision for loan losses | 292,000 | 272,000 | 332,000 | 584,000 |
| Pretax income | 5,228,000 | 13,174,000 | 20,128,000 | 27,002,000 |
| Income tax | 802,000 | 2,258,000 | 3,424,000 | 4,509,000 |
| Net income | 4,426,000 | 10,916,000 | 16,704,000 | 22,493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,777,000 | 161,258,000 | 164,035,000 | 166,862,000 |
| Total capital | 167,117,000 | 170,389,000 | 173,160,000 | 176,499,000 |
| Risk-weighted assets | 801,445,000 | 804,474,000 | 814,639,000 | 811,447,000 |