Call reports 2021
CITIZENS & NORTHERN BANK — 2021
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,317,053,000 | 2,322,407,000 | 2,338,322,000 | 2,311,213,000 |
| Total loans | 1,618,152,000 | 1,600,119,000 | 1,577,814,000 | 1,566,237,000 |
| Allowance for loan losses | 11,661,000 | 12,375,000 | 12,700,000 | 13,537,000 |
| Securities available for sale | 351,201,000 | 376,467,000 | 422,661,000 | 502,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,931,354,000 | 1,955,683,000 | 1,973,967,000 | 1,959,117,000 |
| Interest-bearing deposits | 1,357,743,000 | 1,391,501,000 | 1,419,101,000 | 1,404,384,000 |
| Noninterest-bearing deposits | 573,611,000 | 564,182,000 | 554,866,000 | 554,733,000 |
| Equity capital | 292,967,000 | 296,871,000 | 297,218,000 | 298,797,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 21,661,000 | 41,994,000 | 62,974,000 | 84,126,000 |
| Interest expense | 1,427,000 | 2,760,000 | 3,911,000 | 4,961,000 |
| Net interest income | 20,234,000 | 39,234,000 | 59,063,000 | 79,165,000 |
| Noninterest income | 6,792,000 | 13,116,000 | 19,455,000 | 25,960,000 |
| Noninterest expense | 15,514,000 | 30,739,000 | 45,894,000 | 61,829,000 |
| Provision for loan losses | 259,000 | 1,003,000 | 2,533,000 | 3,661,000 |
| Pretax income | 11,235,000 | 20,595,000 | 30,097,000 | 39,630,000 |
| Income tax | 2,224,000 | 4,159,000 | 5,869,000 | 7,705,000 |
| Net income | 9,011,000 | 16,436,000 | 24,228,000 | 31,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 230,286,000 | 232,129,000 | 235,401,000 | 238,434,000 |
| Total capital | 242,477,000 | 245,054,000 | 248,651,000 | 252,606,000 |
| Risk-weighted assets | 1,468,519,000 | 1,494,282,000 | 1,521,101,000 | 1,575,144,000 |