Call reports 2013
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2013
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 256,680,000 | 251,940,000 | 249,695,000 | 247,732,000 |
| Total loans | 110,253,000 | 115,711,000 | 119,293,000 | 122,450,000 |
| Allowance for loan losses | 3,637,000 | 3,457,000 | 3,065,000 | 3,077,000 |
| Securities available for sale | 97,739,000 | 91,601,000 | 88,579,000 | 84,373,000 |
| Securities held to maturity | 6,482,000 | 5,270,000 | 5,796,000 | 5,726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,997,000 | 227,511,000 | 225,235,000 | 223,013,000 |
| Interest-bearing deposits | 178,886,000 | 171,469,000 | 170,821,000 | 168,768,000 |
| Noninterest-bearing deposits | 54,111,000 | 56,042,000 | 54,414,000 | 54,245,000 |
| Equity capital | 19,456,000 | 20,019,000 | 20,136,000 | 20,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,944,000 | 3,887,000 | 5,910,000 | 7,920,000 |
| Interest expense | 233,000 | 455,000 | 606,000 | 723,000 |
| Net interest income | 1,711,000 | 3,432,000 | 5,304,000 | 7,197,000 |
| Noninterest income | 537,000 | 1,263,000 | 1,937,000 | 2,397,000 |
| Noninterest expense | 1,907,000 | 3,890,000 | 5,927,000 | 7,937,000 |
| Provision for loan losses | 0 | 0 | -400,000 | -400,000 |
| Pretax income | 897,000 | 2,368,000 | 3,468,000 | 3,866,000 |
| Income tax | 269,000 | 738,000 | 1,034,000 | 1,135,000 |
| Net income | 628,000 | 1,630,000 | 2,434,000 | 2,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,287,000 | 19,756,000 | 20,531,000 | 20,772,000 |
| Total capital | 19,807,000 | 21,281,000 | 21,974,000 | 22,441,000 |
| Risk-weighted assets | 121,342,000 | 125,939,000 | 128,157,000 | 132,120,000 |