Call reports 2011
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2011
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 256,269,000 | 248,240,000 | 259,832,000 | 250,125,000 |
| Total loans | 126,131,000 | 126,954,000 | 124,950,000 | 120,242,000 |
| Allowance for loan losses | 1,845,000 | 2,090,000 | 2,963,000 | 3,339,000 |
| Securities available for sale | 75,391,000 | 71,064,000 | 69,324,000 | 79,085,000 |
| Securities held to maturity | 8,177,000 | 7,116,000 | 5,489,000 | 4,654,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,041,000 | 222,619,000 | 235,722,000 | 227,955,000 |
| Interest-bearing deposits | 192,475,000 | 175,970,000 | 184,556,000 | 177,987,000 |
| Noninterest-bearing deposits | 38,566,000 | 46,649,000 | 51,166,000 | 49,968,000 |
| Equity capital | 20,932,000 | 21,269,000 | 19,645,000 | 17,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,405,000 | 4,785,000 | 7,164,000 | 9,462,000 |
| Interest expense | 406,000 | 791,000 | 1,147,000 | 1,451,000 |
| Net interest income | 1,999,000 | 3,994,000 | 6,017,000 | 8,011,000 |
| Noninterest income | 439,000 | 794,000 | 94,000 | 551,000 |
| Noninterest expense | 1,940,000 | 3,818,000 | 5,982,000 | 7,906,000 |
| Provision for loan losses | 300,000 | 700,000 | 1,975,000 | 3,015,000 |
| Pretax income | 197,000 | 269,000 | -2,317,000 | -4,371,000 |
| Income tax | 13,000 | -26,000 | -942,000 | -1,695,000 |
| Net income | 184,000 | 295,000 | -1,375,000 | -2,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,115,000 | 21,300,000 | 18,571,000 | 15,379,000 |
| Total capital | 22,755,000 | 22,916,000 | 20,102,000 | 16,914,000 |
| Risk-weighted assets | 130,972,000 | 128,853,000 | 126,437,000 | 121,013,000 |