Call reports 2001
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2001
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 218,700,000 | 222,634,000 | 232,122,000 | 231,028,000 |
| Total loans | 126,429,000 | 128,729,000 | 130,398,000 | 134,773,000 |
| Allowance for loan losses | 1,682,000 | 1,706,000 | 1,727,000 | 1,667,000 |
| Securities available for sale | 50,592,000 | 53,236,000 | 65,864,000 | 61,118,000 |
| Securities held to maturity | 12,947,000 | 12,689,000 | 12,389,000 | 11,068,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,788,000 | 197,088,000 | 205,746,000 | 204,661,000 |
| Interest-bearing deposits | 167,006,000 | 163,284,000 | 170,689,000 | 171,670,000 |
| Noninterest-bearing deposits | 26,782,000 | 33,804,000 | 35,057,000 | 32,991,000 |
| Equity capital | 22,348,000 | 22,756,000 | 23,553,000 | 23,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,016,000 | 7,985,000 | 11,920,000 | 15,787,000 |
| Interest expense | 1,849,000 | 3,614,000 | 5,347,000 | 6,900,000 |
| Net interest income | 2,167,000 | 4,371,000 | 6,573,000 | 8,887,000 |
| Noninterest income | 344,000 | 765,000 | 1,162,000 | 1,670,000 |
| Noninterest expense | 1,334,000 | 2,727,000 | 4,124,000 | 5,521,000 |
| Provision for loan losses | 28,000 | 55,000 | 82,000 | 82,000 |
| Pretax income | 1,149,000 | 2,354,000 | 3,529,000 | 4,954,000 |
| Income tax | 339,000 | 683,000 | 1,012,000 | 1,424,000 |
| Net income | 810,000 | 1,671,000 | 2,517,000 | 3,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,685,000 | 22,028,000 | 22,440,000 | 22,396,000 |
| Total capital | 23,251,000 | 23,624,000 | 24,069,000 | 24,044,000 |
| Risk-weighted assets | 125,193,000 | 127,690,000 | 130,283,000 | 131,840,000 |