Call reports 2005
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2005
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 254,103,000 | 258,720,000 | 260,489,000 | 252,731,000 |
| Total loans | 145,925,000 | 150,167,000 | 152,340,000 | 156,318,000 |
| Allowance for loan losses | 1,383,000 | 1,409,000 | 1,440,000 | 1,456,000 |
| Securities available for sale | 79,181,000 | 78,897,000 | 76,425,000 | 69,315,000 |
| Securities held to maturity | 9,183,000 | 8,438,000 | 6,962,000 | 4,117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,948,000 | 229,484,000 | 231,238,000 | 223,504,000 |
| Interest-bearing deposits | 192,937,000 | 188,252,000 | 187,144,000 | 184,494,000 |
| Noninterest-bearing deposits | 33,011,000 | 41,232,000 | 44,094,000 | 39,010,000 |
| Equity capital | 24,157,000 | 24,729,000 | 24,964,000 | 24,448,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,161,000 | 6,481,000 | 9,880,000 | 13,356,000 |
| Interest expense | 653,000 | 1,379,000 | 2,215,000 | 3,132,000 |
| Net interest income | 2,508,000 | 5,102,000 | 7,665,000 | 10,224,000 |
| Noninterest income | 345,000 | 1,026,000 | 1,427,000 | 1,812,000 |
| Noninterest expense | 1,675,000 | 3,725,000 | 5,547,000 | 7,343,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,148,000 | 2,343,000 | 3,455,000 | 4,573,000 |
| Income tax | 340,000 | 585,000 | 921,000 | 1,255,000 |
| Net income | 808,000 | 1,758,000 | 2,534,000 | 3,318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,649,000 | 25,004,000 | 25,279,000 | 24,990,000 |
| Total capital | 26,032,000 | 26,413,000 | 26,719,000 | 26,446,000 |
| Risk-weighted assets | 146,637,000 | 151,071,000 | 155,268,000 | 155,851,000 |