Call reports 2002
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2002
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 233,062,000 | 237,526,000 | 246,633,000 | 245,778,000 |
| Total loans | 143,104,000 | 146,591,000 | 144,257,000 | 146,306,000 |
| Allowance for loan losses | 1,705,000 | 1,689,000 | 1,681,000 | 1,669,000 |
| Securities available for sale | 64,447,000 | 58,809,000 | 63,246,000 | 57,533,000 |
| Securities held to maturity | 9,049,000 | 8,533,000 | 9,216,000 | 10,915,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,845,000 | 210,261,000 | 218,189,000 | 216,463,000 |
| Interest-bearing deposits | 177,569,000 | 177,361,000 | 182,406,000 | 184,163,000 |
| Noninterest-bearing deposits | 29,276,000 | 32,900,000 | 35,783,000 | 32,300,000 |
| Equity capital | 23,638,000 | 24,375,000 | 25,177,000 | 24,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,715,000 | 7,415,000 | 11,141,000 | 14,820,000 |
| Interest expense | 1,463,000 | 2,907,000 | 4,224,000 | 5,300,000 |
| Net interest income | 2,252,000 | 4,508,000 | 6,917,000 | 9,520,000 |
| Noninterest income | 579,000 | 1,036,000 | 1,646,000 | 2,198,000 |
| Noninterest expense | 1,434,000 | 2,861,000 | 4,438,000 | 5,975,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,397,000 | 2,683,000 | 4,125,000 | 5,743,000 |
| Income tax | 367,000 | 730,000 | 1,150,000 | 1,622,000 |
| Net income | 1,030,000 | 1,953,000 | 2,975,000 | 4,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,968,000 | 23,433,000 | 23,996,000 | 23,682,000 |
| Total capital | 24,673,000 | 25,122,000 | 25,677,000 | 25,351,000 |
| Risk-weighted assets | 136,429,000 | 139,187,000 | 140,839,000 | 141,363,000 |