Call reports 2018
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2018
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 292,599,000 | 289,805,000 | 303,891,000 | 291,515,000 |
| Total loans | 142,474,000 | 149,110,000 | 153,232,000 | 152,779,000 |
| Allowance for loan losses | 1,573,000 | 1,613,000 | 1,615,000 | 1,716,000 |
| Securities available for sale | 99,334,000 | 96,629,000 | 93,142,000 | 91,418,000 |
| Securities held to maturity | 1,555,000 | 2,029,000 | 2,229,000 | 2,199,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,828,000 | 262,842,000 | 277,431,000 | 263,157,000 |
| Interest-bearing deposits | 195,343,000 | 185,560,000 | 199,208,000 | 185,545,000 |
| Noninterest-bearing deposits | 70,485,000 | 77,282,000 | 78,223,000 | 77,612,000 |
| Equity capital | 21,730,000 | 22,208,000 | 21,727,000 | 23,334,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,340,000 | 4,812,000 | 7,346,000 | 10,039,000 |
| Interest expense | 72,000 | 146,000 | 220,000 | 293,000 |
| Net interest income | 2,268,000 | 4,666,000 | 7,126,000 | 9,746,000 |
| Noninterest income | 534,000 | 1,071,000 | 1,670,000 | 2,356,000 |
| Noninterest expense | 2,544,000 | 4,780,000 | 7,159,000 | 12,707,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 258,000 | 957,000 | 1,637,000 | -605,000 |
| Income tax | 33,000 | 158,000 | 274,000 | 158,000 |
| Net income | 225,000 | 799,000 | 1,363,000 | -763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,025,000 | 27,599,000 | 27,437,000 | 25,310,000 |
| Total capital | 28,598,000 | 29,212,000 | 29,052,000 | 27,026,000 |
| Risk-weighted assets | 154,916,000 | 162,745,000 | 165,885,000 | 163,602,000 |