Call reports 2006
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2006
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 252,357,000 | 251,620,000 | 261,756,000 | 251,899,000 |
| Total loans | 159,169,000 | 165,297,000 | 165,254,000 | 167,228,000 |
| Allowance for loan losses | 1,464,000 | 1,487,000 | 1,508,000 | 1,498,000 |
| Securities available for sale | 65,589,000 | 58,009,000 | 57,517,000 | 51,331,000 |
| Securities held to maturity | 3,690,000 | 4,843,000 | 4,869,000 | 4,543,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,274,000 | 221,488,000 | 231,046,000 | 221,459,000 |
| Interest-bearing deposits | 186,986,000 | 180,996,000 | 189,368,000 | 181,745,000 |
| Noninterest-bearing deposits | 36,288,000 | 40,492,000 | 41,678,000 | 39,714,000 |
| Equity capital | 24,717,000 | 25,199,000 | 25,732,000 | 24,912,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,507,000 | 7,135,000 | 11,021,000 | 14,969,000 |
| Interest expense | 995,000 | 2,126,000 | 3,355,000 | 4,671,000 |
| Net interest income | 2,512,000 | 5,009,000 | 7,666,000 | 10,298,000 |
| Noninterest income | 294,000 | 1,158,000 | 1,549,000 | 1,946,000 |
| Noninterest expense | 1,835,000 | 3,699,000 | 5,602,000 | 7,428,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 941,000 | 2,408,000 | 3,523,000 | 4,696,000 |
| Income tax | 243,000 | 695,000 | 1,010,000 | 1,342,000 |
| Net income | 698,000 | 1,713,000 | 2,513,000 | 3,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,165,000 | 25,658,000 | 25,935,000 | 25,651,000 |
| Total capital | 26,629,000 | 27,145,000 | 27,443,000 | 27,149,000 |
| Risk-weighted assets | 157,912,000 | 161,658,000 | 170,171,000 | 175,861,000 |