Call reports 2015
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2015
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 259,327,000 | 254,080,000 | 277,495,000 | 271,413,000 |
| Total loans | 116,899,000 | 118,745,000 | 121,493,000 | 124,814,000 |
| Allowance for loan losses | 1,713,000 | 1,809,000 | 1,766,000 | 1,509,000 |
| Securities available for sale | 95,005,000 | 98,321,000 | 89,816,000 | 86,690,000 |
| Securities held to maturity | 6,502,000 | 4,168,000 | 5,318,000 | 4,835,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,043,000 | 226,399,000 | 249,580,000 | 243,292,000 |
| Interest-bearing deposits | 179,166,000 | 169,849,000 | 186,964,000 | 180,041,000 |
| Noninterest-bearing deposits | 52,877,000 | 56,550,000 | 62,616,000 | 63,251,000 |
| Equity capital | 22,916,000 | 23,158,000 | 23,447,000 | 23,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,920,000 | 3,912,000 | 5,904,000 | 7,875,000 |
| Interest expense | 79,000 | 156,000 | 232,000 | 307,000 |
| Net interest income | 1,841,000 | 3,756,000 | 5,672,000 | 7,568,000 |
| Noninterest income | 457,000 | 1,027,000 | 1,711,000 | 2,351,000 |
| Noninterest expense | 1,787,000 | 3,820,000 | 5,937,000 | 8,155,000 |
| Provision for loan losses | 0 | 0 | 0 | -300,000 |
| Pretax income | 541,000 | 1,007,000 | 1,496,000 | 2,130,000 |
| Income tax | 114,000 | 189,000 | 267,000 | 397,000 |
| Net income | 427,000 | 818,000 | 1,229,000 | 1,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,374,000 | 23,765,000 | 23,951,000 | 24,455,000 |
| Total capital | 24,988,000 | 25,397,000 | 25,611,000 | 25,964,000 |
| Risk-weighted assets | 129,034,000 | 130,344,000 | 132,157,000 | 132,983,000 |