Call reports 2021
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2021
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 441,555,000 | 448,795,000 | 487,596,000 | 492,054,000 |
| Total loans | 181,048,000 | 175,096,000 | 165,062,000 | 170,163,000 |
| Allowance for loan losses | 3,013,000 | 3,019,000 | 3,020,000 | 2,769,000 |
| Securities available for sale | 173,476,000 | 203,844,000 | 257,224,000 | 267,608,000 |
| Securities held to maturity | 3,524,000 | 3,164,000 | 4,720,000 | 4,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,491,000 | 413,786,000 | 452,620,000 | 458,490,000 |
| Interest-bearing deposits | 255,046,000 | 256,780,000 | 285,046,000 | 292,412,000 |
| Noninterest-bearing deposits | 152,445,000 | 157,006,000 | 167,574,000 | 166,078,000 |
| Equity capital | 28,515,000 | 28,885,000 | 28,652,000 | 27,847,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,718,000 | 5,421,000 | 8,654,000 | 11,821,000 |
| Interest expense | 142,000 | 292,000 | 452,000 | 618,000 |
| Net interest income | 2,576,000 | 5,129,000 | 8,202,000 | 11,203,000 |
| Noninterest income | 1,162,000 | 2,192,000 | 3,424,000 | 4,433,000 |
| Noninterest expense | 2,956,000 | 5,982,000 | 9,057,000 | 12,322,000 |
| Provision for loan losses | 0 | 0 | 0 | -250,000 |
| Pretax income | 782,000 | 1,382,000 | 2,614,000 | 3,686,000 |
| Income tax | 136,000 | 238,000 | 469,000 | 667,000 |
| Net income | 646,000 | 1,144,000 | 2,145,000 | 3,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,682,000 | 27,829,000 | 28,576,000 | 29,450,000 |
| Total capital | 29,913,000 | 29,643,000 | 30,722,000 | 31,976,000 |
| Risk-weighted assets | 209,387,000 | 191,771,000 | 206,178,000 | 210,832,000 |