Call reports 2007
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2007
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 260,446,000 | 261,146,000 | 264,077,000 | 255,179,000 |
| Total loans | 168,426,000 | 174,250,000 | 174,754,000 | 174,624,000 |
| Allowance for loan losses | 1,551,000 | 1,606,000 | 1,667,000 | 1,670,000 |
| Securities available for sale | 46,687,000 | 51,813,000 | 50,411,000 | 40,493,000 |
| Securities held to maturity | 4,532,000 | 5,431,000 | 9,139,000 | 8,789,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,274,000 | 230,626,000 | 233,865,000 | 225,058,000 |
| Interest-bearing deposits | 193,151,000 | 188,906,000 | 191,877,000 | 187,042,000 |
| Noninterest-bearing deposits | 37,123,000 | 41,720,000 | 41,988,000 | 38,016,000 |
| Equity capital | 25,122,000 | 25,362,000 | 24,821,000 | 24,341,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,929,000 | 8,005,000 | 12,168,000 | 16,180,000 |
| Interest expense | 1,468,000 | 2,985,000 | 4,485,000 | 5,858,000 |
| Net interest income | 2,461,000 | 5,020,000 | 7,683,000 | 10,322,000 |
| Noninterest income | 380,000 | 838,000 | 1,252,000 | 1,695,000 |
| Noninterest expense | 1,883,000 | 3,695,000 | 5,581,000 | 7,532,000 |
| Provision for loan losses | 69,000 | 138,000 | 206,000 | 275,000 |
| Pretax income | 889,000 | 2,025,000 | 3,148,000 | 4,210,000 |
| Income tax | 255,000 | 572,000 | 861,000 | 1,096,000 |
| Net income | 634,000 | 1,453,000 | 2,287,000 | 3,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,780,000 | 26,076,000 | 25,387,000 | 24,946,000 |
| Total capital | 27,331,000 | 27,682,000 | 27,054,000 | 26,616,000 |
| Risk-weighted assets | 179,448,000 | 184,325,000 | 187,232,000 | 185,338,000 |