Call reports 2020
CITIZENS & NORTHERN BANK — 2020
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,613,394,000 | 1,728,771,000 | 2,336,178,000 | 2,222,478,000 |
| Total loans | 1,168,052,000 | 1,242,671,000 | 1,692,570,000 | 1,645,151,000 |
| Allowance for loan losses | 11,330,000 | 11,026,000 | 10,753,000 | 11,385,000 |
| Securities available for sale | 328,188,000 | 317,278,000 | 325,562,000 | 334,300,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,257,017,000 | 1,410,162,000 | 1,878,549,000 | 1,827,881,000 |
| Interest-bearing deposits | 961,902,000 | 1,027,587,000 | 1,404,121,000 | 1,355,297,000 |
| Noninterest-bearing deposits | 295,115,000 | 382,575,000 | 474,428,000 | 472,584,000 |
| Equity capital | 234,603,000 | 216,753,000 | 289,575,000 | 292,455,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 16,942,000 | 33,359,000 | 55,014,000 | 76,778,000 |
| Interest expense | 2,648,000 | 4,810,000 | 7,032,000 | 8,890,000 |
| Net interest income | 14,294,000 | 28,549,000 | 47,982,000 | 67,888,000 |
| Noninterest income | 5,307,000 | 10,735,000 | 17,693,000 | 24,143,000 |
| Noninterest expense | 12,895,000 | 25,802,000 | 46,125,000 | 63,446,000 |
| Provision for loan losses | 1,528,000 | 1,352,000 | 3,293,000 | 3,913,000 |
| Pretax income | 5,193,000 | 12,154,000 | 16,306,000 | 24,862,000 |
| Income tax | 901,000 | 2,247,000 | 2,869,000 | 4,456,000 |
| Net income | 4,292,000 | 9,907,000 | 13,437,000 | 20,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 196,229,000 | 176,422,000 | 222,854,000 | 225,058,000 |
| Total capital | 207,862,000 | 187,731,000 | 233,969,000 | 236,943,000 |
| Risk-weighted assets | 1,092,664,000 | 1,091,533,000 | 1,495,311,000 | 1,482,524,000 |
Machine access — free, no API key
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