Call reports 2020
CITIZENS NATIONAL BANK OF QUITMAN, THE — 2020
What CITIZENS NATIONAL BANK OF QUITMAN, THE 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 | 104,539,000 | 110,640,000 | 110,428,000 | 113,205,000 |
| Total loans | 68,902,000 | 72,658,000 | 75,347,000 | 68,440,000 |
| Allowance for loan losses | 1,201,000 | 1,285,000 | 1,310,000 | 1,320,000 |
| Securities available for sale | 12,992,000 | 13,048,000 | 14,257,000 | 14,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,682,000 | 94,366,000 | 93,742,000 | 96,711,000 |
| Interest-bearing deposits | 58,794,000 | 60,754,000 | 71,000,000 | 74,668,000 |
| Noninterest-bearing deposits | 29,888,000 | 33,612,000 | 22,742,000 | 22,043,000 |
| Equity capital | 13,995,000 | 14,402,000 | 14,767,000 | 14,600,000 |
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 | 1,180,000 | 2,274,000 | 3,426,000 | 4,569,000 |
| Interest expense | 232,000 | 430,000 | 592,000 | 720,000 |
| Net interest income | 948,000 | 1,844,000 | 2,834,000 | 3,849,000 |
| Noninterest income | 79,000 | 150,000 | 221,000 | 292,000 |
| Noninterest expense | 656,000 | 1,303,000 | 1,968,000 | 2,600,000 |
| Provision for loan losses | 0 | 45,000 | 45,000 | 45,000 |
| Pretax income | 371,000 | 646,000 | 1,042,000 | 1,496,000 |
| Income tax | 73,000 | 122,000 | 200,000 | 280,000 |
| Net income | 298,000 | 524,000 | 842,000 | 1,216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,928,000 | 14,004,000 | 14,322,000 | 14,186,000 |
| Total capital | 14,816,000 | 14,905,000 | 15,244,000 | 15,051,000 |
| Risk-weighted assets | 70,739,000 | 71,745,000 | 73,431,000 | 68,824,000 |