Call reports 2023
CITIZENS & NORTHERN BANK — 2023
What CITIZENS & NORTHERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,414,510,000 | 2,457,332,000 | 2,470,946,000 | 2,501,822,000 |
| Total loans | 1,745,968,000 | 1,815,000,000 | 1,831,776,000 | 1,848,722,000 |
| Allowance for loan losses | 18,346,000 | 19,056,000 | 18,085,000 | 19,208,000 |
| Securities available for sale | 460,234,000 | 433,295,000 | 417,259,000 | 403,213,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,934,686,000 | 2,025,471,000 | 2,040,506,000 | 2,030,909,000 |
| Interest-bearing deposits | 1,372,698,000 | 1,501,689,000 | 1,530,426,000 | 1,525,527,000 |
| Noninterest-bearing deposits | 561,988,000 | 523,782,000 | 510,080,000 | 505,382,000 |
| Equity capital | 261,626,000 | 258,970,000 | 251,623,000 | 272,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 26,041,000 | 53,946,000 | 82,973,000 | 113,120,000 |
| Interest expense | 5,011,000 | 12,316,000 | 21,428,000 | 31,728,000 |
| Net interest income | 21,030,000 | 41,630,000 | 61,545,000 | 81,392,000 |
| Noninterest income | 5,590,000 | 12,233,000 | 18,775,000 | 27,477,000 |
| Noninterest expense | 18,816,000 | 37,003,000 | 54,639,000 | 72,831,000 |
| Provision for loan losses | -312,000 | 524,000 | -409,000 | 753,000 |
| Pretax income | 8,177,000 | 16,406,000 | 26,425,000 | 32,828,000 |
| Income tax | 1,567,000 | 3,195,000 | 5,213,000 | 7,024,000 |
| Net income | 6,610,000 | 13,211,000 | 21,212,000 | 25,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,768,000 | 251,370,000 | 255,489,000 | 255,409,000 |
| Total capital | 268,292,000 | 271,580,000 | 274,474,000 | 275,307,000 |
| Risk-weighted assets | 1,737,360,000 | 1,798,516,000 | 1,821,189,000 | 1,849,058,000 |