Call reports 2008
CITIZENS NATIONAL BANK — 2008
What CITIZENS NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 107,589,000 | 111,172,000 | 109,460,000 | 112,640,000 |
| Total loans | 94,284,000 | 95,498,000 | 95,937,000 | 94,800,000 |
| Allowance for loan losses | 840,000 | 961,000 | 1,222,000 | 1,127,000 |
| Securities available for sale | 9,026,000 | 8,992,000 | 3,473,000 | 2,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 885,000 | 966,000 | 0 | 0 |
| Total deposits | 52,865,000 | 63,465,000 | 69,124,000 | 88,311,000 |
| Interest-bearing deposits | 44,465,000 | 53,051,000 | 59,843,000 | 78,828,000 |
| Noninterest-bearing deposits | 8,400,000 | 10,414,000 | 9,281,000 | 9,483,000 |
| Equity capital | 10,382,000 | 10,999,000 | 8,614,000 | 8,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,674,000 | 3,650,000 | 5,509,000 | 7,443,000 |
| Interest expense | 524,000 | 1,113,000 | 1,704,000 | 2,347,000 |
| Net interest income | 1,150,000 | 2,537,000 | 3,805,000 | 5,096,000 |
| Noninterest income | 156,000 | 325,000 | 414,000 | 468,000 |
| Noninterest expense | 465,000 | 938,000 | 1,393,000 | 2,021,000 |
| Provision for loan losses | 190,000 | 310,000 | 634,000 | 634,000 |
| Pretax income | 651,000 | 1,614,000 | -3,641,000 | -3,277,000 |
| Income tax | 212,000 | 530,000 | -1,282,000 | -1,148,000 |
| Net income | 439,000 | 1,084,000 | -2,359,000 | -2,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,382,000 | 11,027,000 | 8,984,000 | 9,214,000 |
| Total capital | 11,263,000 | 12,020,000 | 10,206,000 | 10,341,000 |
| Risk-weighted assets | 101,009,000 | 99,865,000 | 99,087,000 | 98,314,000 |