Call reports 2023
CITIZENS NATIONAL BANK OF CHEBOYGAN — 2023
What CITIZENS NATIONAL BANK OF CHEBOYGAN reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 480,526,000 | 490,611,000 | 496,916,000 | 486,368,000 |
| Total loans | 216,587,000 | 221,611,000 | 227,094,000 | 230,350,000 |
| Allowance for loan losses | 3,523,000 | 3,526,000 | 3,494,000 | 3,488,000 |
| Securities available for sale | 217,726,000 | 211,409,000 | 196,726,000 | 202,135,000 |
| Securities held to maturity | 6,288,000 | 4,744,000 | 6,702,000 | 6,672,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,305,000 | 451,475,000 | 464,144,000 | 415,551,000 |
| Interest-bearing deposits | 315,163,000 | 289,196,000 | 294,513,000 | 263,840,000 |
| Noninterest-bearing deposits | 158,142,000 | 162,279,000 | 169,631,000 | 151,711,000 |
| Equity capital | 1,464,000 | 4,247,000 | -1,993,000 | 7,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,849,000 | 7,789,000 | 12,017,000 | 16,239,000 |
| Interest expense | 310,000 | 827,000 | 1,456,000 | 2,302,000 |
| Net interest income | 3,539,000 | 6,962,000 | 10,561,000 | 13,937,000 |
| Noninterest income | 552,000 | 1,151,000 | 1,848,000 | 2,503,000 |
| Noninterest expense | 3,183,000 | 6,078,000 | 9,023,000 | 11,989,000 |
| Provision for loan losses | 64,000 | 64,000 | 64,000 | 64,000 |
| Pretax income | 844,000 | 1,971,000 | 3,322,000 | 4,387,000 |
| Income tax | 152,000 | 365,000 | 622,000 | 819,000 |
| Net income | 692,000 | 1,606,000 | 2,700,000 | 3,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,190,000 | 33,103,000 | 33,712,000 | 34,580,000 |
| Total capital | 35,338,000 | 36,301,000 | 36,731,000 | 38,068,000 |
| Risk-weighted assets | 251,451,000 | 255,493,000 | 241,040,000 | 261,364,000 |