Call reports 2016
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2016
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 270,781,000 | 264,106,000 | 290,717,000 | 278,628,000 |
| Total loans | 130,062,000 | 132,928,000 | 136,577,000 | 139,239,000 |
| Allowance for loan losses | 1,829,000 | 1,627,000 | 1,587,000 | 1,625,000 |
| Securities available for sale | 92,585,000 | 88,489,000 | 88,964,000 | 88,327,000 |
| Securities held to maturity | 4,415,000 | 2,683,000 | 3,671,000 | 3,243,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,069,000 | 234,408,000 | 261,125,000 | 250,298,000 |
| Interest-bearing deposits | 184,167,000 | 172,422,000 | 189,622,000 | 179,777,000 |
| Noninterest-bearing deposits | 57,902,000 | 61,986,000 | 71,503,000 | 70,521,000 |
| Equity capital | 23,844,000 | 24,532,000 | 24,530,000 | 22,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,101,000 | 4,187,000 | 6,483,000 | 8,655,000 |
| Interest expense | 73,000 | 146,000 | 223,000 | 299,000 |
| Net interest income | 2,028,000 | 4,041,000 | 6,260,000 | 8,356,000 |
| Noninterest income | 531,000 | 1,169,000 | 1,905,000 | 2,526,000 |
| Noninterest expense | 2,105,000 | 4,256,000 | 6,539,000 | 8,635,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 481,000 | 981,000 | 1,688,000 | 2,345,000 |
| Income tax | 130,000 | 266,000 | 461,000 | 643,000 |
| Net income | 351,000 | 715,000 | 1,227,000 | 1,702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,960,000 | 25,354,000 | 25,504,000 | 25,084,000 |
| Total capital | 26,745,000 | 26,981,000 | 27,091,000 | 26,709,000 |
| Risk-weighted assets | 142,523,000 | 145,080,000 | 148,193,000 | 151,985,000 |