Call reports 2022
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2022
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 500,355,000 | 488,352,000 | 519,885,000 | 483,703,000 |
| Total loans | 181,362,000 | 195,074,000 | 203,715,000 | 210,450,000 |
| Allowance for loan losses | 2,771,000 | 2,776,000 | 2,783,000 | 2,792,000 |
| Securities available for sale | 266,309,000 | 242,247,000 | 222,630,000 | 222,380,000 |
| Securities held to maturity | 4,490,000 | 5,306,000 | 6,506,000 | 6,476,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,017,000 | 469,282,000 | 516,346,000 | 476,536,000 |
| Interest-bearing deposits | 308,740,000 | 295,419,000 | 329,400,000 | 302,718,000 |
| Noninterest-bearing deposits | 173,277,000 | 173,863,000 | 186,946,000 | 173,818,000 |
| Equity capital | 12,802,000 | 4,144,000 | -4,377,000 | 1,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,979,000 | 6,269,000 | 9,958,000 | 13,986,000 |
| Interest expense | 171,000 | 351,000 | 507,000 | 646,000 |
| Net interest income | 2,808,000 | 5,918,000 | 9,451,000 | 13,340,000 |
| Noninterest income | 1,002,000 | 1,702,000 | 2,394,000 | 2,980,000 |
| Noninterest expense | 3,123,000 | 6,115,000 | 8,873,000 | 11,727,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 687,000 | 1,505,000 | 2,972,000 | 4,593,000 |
| Income tax | 118,000 | 268,000 | 549,000 | 862,000 |
| Net income | 569,000 | 1,237,000 | 2,423,000 | 3,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,414,000 | 30,083,000 | 30,983,000 | 32,291,000 |
| Total capital | 32,184,000 | 32,859,000 | 33,766,000 | 35,083,000 |
| Risk-weighted assets | 221,619,000 | 232,004,000 | 242,282,000 | 247,834,000 |