Call reports 2004
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2004
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 251,438,000 | 259,941,000 | 260,736,000 | 253,982,000 |
| Total loans | 145,769,000 | 141,721,000 | 143,614,000 | 144,608,000 |
| Allowance for loan losses | 1,546,000 | 1,473,000 | 1,362,000 | 1,350,000 |
| Securities available for sale | 78,546,000 | 79,731,000 | 82,944,000 | 78,280,000 |
| Securities held to maturity | 10,002,000 | 11,087,000 | 10,151,000 | 9,636,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,940,000 | 231,192,000 | 231,597,000 | 225,411,000 |
| Interest-bearing deposits | 190,224,000 | 191,044,000 | 190,807,000 | 188,122,000 |
| Noninterest-bearing deposits | 31,716,000 | 40,148,000 | 40,790,000 | 37,289,000 |
| Equity capital | 25,569,000 | 24,380,000 | 25,142,000 | 24,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,070,000 | 6,143,000 | 9,282,000 | 12,466,000 |
| Interest expense | 756,000 | 1,470,000 | 2,153,000 | 2,764,000 |
| Net interest income | 2,314,000 | 4,673,000 | 7,129,000 | 9,702,000 |
| Noninterest income | 383,000 | 842,000 | 1,233,000 | 1,619,000 |
| Noninterest expense | 1,618,000 | 3,388,000 | 5,079,000 | 7,161,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,079,000 | 2,127,000 | 3,283,000 | 4,160,000 |
| Income tax | 305,000 | 606,000 | 942,000 | 1,186,000 |
| Net income | 774,000 | 1,521,000 | 2,341,000 | 2,974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,732,000 | 24,492,000 | 24,821,000 | 24,188,000 |
| Total capital | 26,278,000 | 25,965,000 | 26,183,000 | 25,538,000 |
| Risk-weighted assets | 142,488,000 | 143,345,000 | 144,869,000 | 144,582,000 |