Call reports 2014
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2014
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 250,719,000 | 246,164,000 | 263,789,000 | 253,663,000 |
| Total loans | 117,255,000 | 117,360,000 | 116,377,000 | 119,612,000 |
| Allowance for loan losses | 2,661,000 | 2,610,000 | 2,112,000 | 1,726,000 |
| Securities available for sale | 86,436,000 | 88,347,000 | 95,467,000 | 93,107,000 |
| Securities held to maturity | 5,699,000 | 5,466,000 | 6,599,000 | 6,529,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,086,000 | 220,327,000 | 237,785,000 | 227,206,000 |
| Interest-bearing deposits | 169,299,000 | 166,442,000 | 181,533,000 | 175,806,000 |
| Noninterest-bearing deposits | 55,787,000 | 53,885,000 | 56,252,000 | 51,400,000 |
| Equity capital | 21,385,000 | 21,552,000 | 21,889,000 | 22,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,963,000 | 3,917,000 | 6,040,000 | 8,062,000 |
| Interest expense | 104,000 | 202,000 | 296,000 | 384,000 |
| Net interest income | 1,859,000 | 3,715,000 | 5,744,000 | 7,678,000 |
| Noninterest income | 636,000 | 1,056,000 | 1,573,000 | 2,030,000 |
| Noninterest expense | 1,962,000 | 4,009,000 | 6,436,000 | 8,340,000 |
| Provision for loan losses | 0 | 0 | -500,000 | -900,000 |
| Pretax income | 908,000 | 1,156,000 | 1,789,000 | 2,689,000 |
| Income tax | 275,000 | 327,000 | 509,000 | 777,000 |
| Net income | 633,000 | 829,000 | 1,280,000 | 1,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,510,000 | 21,579,000 | 22,147,000 | 22,896,000 |
| Total capital | 23,124,000 | 23,180,000 | 23,776,000 | 24,514,000 |
| Risk-weighted assets | 128,077,000 | 127,096,000 | 129,779,000 | 129,298,000 |