Call reports 2010
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2010
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 249,751,000 | 244,990,000 | 260,785,000 | 255,090,000 |
| Total loans | 149,153,000 | 142,926,000 | 136,502,000 | 131,516,000 |
| Allowance for loan losses | 3,038,000 | 1,214,000 | 1,148,000 | 2,354,000 |
| Securities available for sale | 49,597,000 | 48,768,000 | 46,588,000 | 66,588,000 |
| Securities held to maturity | 9,943,000 | 7,825,000 | 7,391,000 | 8,442,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,886,000 | 219,377,000 | 235,289,000 | 230,180,000 |
| Interest-bearing deposits | 186,916,000 | 179,477,000 | 192,372,000 | 188,060,000 |
| Noninterest-bearing deposits | 37,970,000 | 39,900,000 | 42,917,000 | 42,120,000 |
| Equity capital | 20,449,000 | 21,054,000 | 21,215,000 | 20,621,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,653,000 | 5,335,000 | 7,852,000 | 10,337,000 |
| Interest expense | 587,000 | 1,129,000 | 1,640,000 | 2,092,000 |
| Net interest income | 2,066,000 | 4,206,000 | 6,212,000 | 8,245,000 |
| Noninterest income | 388,000 | 976,000 | 1,291,000 | 1,683,000 |
| Noninterest expense | 1,981,000 | 3,894,000 | 6,010,000 | 8,088,000 |
| Provision for loan losses | 225,000 | 375,000 | 525,000 | 1,767,000 |
| Pretax income | 253,000 | 918,000 | 973,000 | 78,000 |
| Income tax | 27,000 | 135,000 | 102,000 | -255,000 |
| Net income | 226,000 | 783,000 | 871,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,203,000 | 21,760,000 | 21,851,000 | 21,310,000 |
| Total capital | 23,102,000 | 22,974,000 | 22,999,000 | 23,019,000 |
| Risk-weighted assets | 150,816,000 | 144,219,000 | 137,138,000 | 136,151,000 |