Call reports 2019
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2019
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 296,242,000 | 295,880,000 | 328,949,000 | 311,232,000 |
| Total loans | 157,006,000 | 157,987,000 | 160,077,000 | 162,423,000 |
| Allowance for loan losses | 1,719,000 | 1,752,000 | 1,765,000 | 1,669,000 |
| Securities available for sale | 91,240,000 | 88,549,000 | 89,304,000 | 91,245,000 |
| Securities held to maturity | 3,497,000 | 1,988,000 | 2,488,000 | 1,240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,067,000 | 263,926,000 | 297,383,000 | 279,593,000 |
| Interest-bearing deposits | 195,030,000 | 185,254,000 | 207,006,000 | 196,747,000 |
| Noninterest-bearing deposits | 71,037,000 | 78,672,000 | 90,377,000 | 82,846,000 |
| Equity capital | 25,115,000 | 26,613,000 | 25,939,000 | 26,610,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,624,000 | 5,281,000 | 8,061,000 | 10,926,000 |
| Interest expense | 74,000 | 157,000 | 249,000 | 346,000 |
| Net interest income | 2,550,000 | 5,124,000 | 7,812,000 | 10,580,000 |
| Noninterest income | 606,000 | 1,201,000 | 1,986,000 | 2,749,000 |
| Noninterest expense | 2,420,000 | 4,851,000 | 8,200,000 | 11,021,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 736,000 | 1,472,000 | 1,596,000 | 2,306,000 |
| Income tax | 132,000 | 257,000 | 255,000 | 378,000 |
| Net income | 604,000 | 1,215,000 | 1,341,000 | 1,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,914,000 | 26,525,000 | 25,803,000 | 26,391,000 |
| Total capital | 27,633,000 | 28,277,000 | 27,568,000 | 28,062,000 |
| Risk-weighted assets | 166,764,000 | 168,635,000 | 170,359,000 | 172,149,000 |