Call reports 2008
CITIZENS NATIONAL BANK OF AKRON, THE — 2008
What CITIZENS NATIONAL BANK OF AKRON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 48,139,000 | 47,300,000 | 46,991,000 | 46,455,000 |
| Total loans | 27,299,000 | 29,550,000 | 30,247,000 | 30,188,000 |
| Allowance for loan losses | 377,000 | 377,000 | 375,000 | 371,000 |
| Securities available for sale | 14,874,000 | 15,153,000 | 14,577,000 | 14,123,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,890,000 | 38,293,000 | 36,474,000 | 35,307,000 |
| Interest-bearing deposits | 32,529,000 | 32,454,000 | 30,322,000 | 28,752,000 |
| Noninterest-bearing deposits | 6,361,000 | 5,839,000 | 6,152,000 | 6,555,000 |
| Equity capital | 8,325,000 | 8,217,000 | 8,248,000 | 8,488,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 672,000 | 1,346,000 | 2,017,000 | 2,677,000 |
| Interest expense | 263,000 | 500,000 | 713,000 | 911,000 |
| Net interest income | 409,000 | 846,000 | 1,304,000 | 1,766,000 |
| Noninterest income | 39,000 | 78,000 | 112,000 | 140,000 |
| Noninterest expense | 313,000 | 643,000 | 961,000 | 1,283,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 135,000 | 281,000 | 455,000 | 623,000 |
| Income tax | 22,000 | 55,000 | 90,000 | 123,000 |
| Net income | 113,000 | 226,000 | 365,000 | 500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,161,000 | 8,225,000 | 8,314,000 | 8,398,000 |
| Total capital | 8,538,000 | 8,602,000 | 8,689,000 | 8,769,000 |
| Risk-weighted assets | 31,545,000 | 32,952,000 | 33,395,000 | 33,124,000 |