Call reports 2003
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2003
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 247,426,000 | 256,401,000 | 259,690,000 | 254,406,000 |
| Total loans | 147,624,000 | 144,833,000 | 145,592,000 | 143,485,000 |
| Allowance for loan losses | 1,649,000 | 1,620,000 | 1,615,000 | 1,575,000 |
| Securities available for sale | 63,764,000 | 57,675,000 | 66,868,000 | 75,716,000 |
| Securities held to maturity | 10,785,000 | 11,980,000 | 10,514,000 | 10,207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,821,000 | 227,510,000 | 230,481,000 | 224,921,000 |
| Interest-bearing deposits | 189,210,000 | 184,265,000 | 191,860,000 | 188,852,000 |
| Noninterest-bearing deposits | 28,611,000 | 43,245,000 | 38,621,000 | 36,069,000 |
| Equity capital | 25,137,000 | 25,557,000 | 25,920,000 | 25,137,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,476,000 | 6,886,000 | 10,162,000 | 13,282,000 |
| Interest expense | 942,000 | 1,818,000 | 2,614,000 | 3,380,000 |
| Net interest income | 2,534,000 | 5,068,000 | 7,548,000 | 9,902,000 |
| Noninterest income | 448,000 | 950,000 | 1,596,000 | 1,969,000 |
| Noninterest expense | 1,638,000 | 3,241,000 | 4,867,000 | 6,450,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,344,000 | 2,777,000 | 4,277,000 | 5,421,000 |
| Income tax | 354,000 | 797,000 | 1,192,000 | 1,513,000 |
| Net income | 990,000 | 1,980,000 | 3,085,000 | 3,908,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,191,000 | 24,536,000 | 25,156,000 | 24,456,000 |
| Total capital | 25,840,000 | 26,156,000 | 26,771,000 | 26,031,000 |
| Risk-weighted assets | 141,397,000 | 141,346,000 | 142,602,000 | 140,825,000 |