Call reports 2020
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2020
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 318,492,000 | 363,422,000 | 399,199,000 | 398,840,000 |
| Total loans | 160,634,000 | 184,712,000 | 182,599,000 | 175,800,000 |
| Allowance for loan losses | 1,681,000 | 1,690,000 | 2,047,000 | 3,004,000 |
| Securities available for sale | 108,988,000 | 102,570,000 | 129,533,000 | 148,048,000 |
| Securities held to maturity | 1,233,000 | 2,465,000 | 3,577,000 | 3,524,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,204,000 | 328,428,000 | 364,625,000 | 363,967,000 |
| Interest-bearing deposits | 203,921,000 | 209,302,000 | 242,619,000 | 240,055,000 |
| Noninterest-bearing deposits | 81,283,000 | 119,126,000 | 122,006,000 | 123,912,000 |
| Equity capital | 28,151,000 | 29,152,000 | 29,454,000 | 29,596,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,741,000 | 5,569,000 | 8,366,000 | 11,421,000 |
| Interest expense | 105,000 | 212,000 | 337,000 | 469,000 |
| Net interest income | 2,636,000 | 5,357,000 | 8,029,000 | 10,952,000 |
| Noninterest income | 725,000 | 2,075,000 | 3,423,000 | 4,847,000 |
| Noninterest expense | 2,699,000 | 5,407,000 | 7,985,000 | 11,132,000 |
| Provision for loan losses | 0 | 0 | 350,000 | 1,224,000 |
| Pretax income | 662,000 | 2,025,000 | 3,117,000 | 3,443,000 |
| Income tax | 113,000 | 375,000 | 576,000 | 618,000 |
| Net income | 549,000 | 1,650,000 | 2,541,000 | 2,825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,455,000 | 27,314,000 | 27,479,000 | 27,763,000 |
| Total capital | 28,136,000 | 29,004,000 | 29,526,000 | 30,289,000 |
| Risk-weighted assets | 175,974,000 | 204,158,000 | 207,567,000 | 201,629,000 |