Call reports 2022
CITIZENS & NORTHERN BANK — 2022
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,314,317,000 | 2,394,714,000 | 2,385,461,000 | 2,439,371,000 |
| Total loans | 1,540,953,000 | 1,659,839,000 | 1,690,426,000 | 1,740,582,000 |
| Allowance for loan losses | 14,271,000 | 14,547,000 | 16,170,000 | 16,615,000 |
| Securities available for sale | 518,346,000 | 512,713,000 | 474,753,000 | 485,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,992,770,000 | 1,981,582,000 | 2,058,717,000 | 2,016,666,000 |
| Interest-bearing deposits | 1,409,226,000 | 1,412,022,000 | 1,482,854,000 | 1,434,949,000 |
| Noninterest-bearing deposits | 583,544,000 | 569,560,000 | 575,863,000 | 581,717,000 |
| Equity capital | 276,963,000 | 264,794,000 | 244,701,000 | 254,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 21,681,000 | 42,897,000 | 66,514,000 | 92,274,000 |
| Interest expense | 960,000 | 2,268,000 | 4,752,000 | 7,967,000 |
| Net interest income | 20,721,000 | 40,629,000 | 61,762,000 | 84,307,000 |
| Noninterest income | 5,844,000 | 12,771,000 | 18,464,000 | 24,693,000 |
| Noninterest expense | 16,621,000 | 33,520,000 | 50,771,000 | 67,273,000 |
| Provision for loan losses | 891,000 | 1,199,000 | 4,993,000 | 7,255,000 |
| Pretax income | 9,010,000 | 18,606,000 | 24,369,000 | 34,380,000 |
| Income tax | 1,662,000 | 3,430,000 | 4,429,000 | 6,346,000 |
| Net income | 7,348,000 | 15,176,000 | 19,940,000 | 28,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 241,284,000 | 244,747,000 | 244,770,000 | 248,744,000 |
| Total capital | 256,215,000 | 259,904,000 | 261,440,000 | 265,784,000 |
| Risk-weighted assets | 1,578,480,000 | 1,726,701,000 | 1,773,436,000 | 1,810,908,000 |