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As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 6/30/2016 USD 2016 Y 6/30/2017 USD 2017 Y 6/30/2018 USD 2018 Y 6/30/2018 USD 2019 Q3 YTD 3/31/2019 USD
Source Document Currency Code 2015 Y 6/30/2016 USD 2016 Y 6/30/2017 USD 2017 Y 6/30/2018 USD 2018 Y 6/30/2018 USD 2019 Q3 YTD 3/31/2019 USD

Cash flows from operating activities

Net income 2,958 2,147 2,994 3,581 NA

Adjustments to reconcile net income to net cash flows from operating activities

Depreciation 575 647 781 771 NA
Securities amortization and accretion, net 1,009 1,092 1,087 963 NA
Provision for loan losses 430 1,498 596 310 NA
(Gain) loss on disposal of fixed assets 0 7 2 (6) NA
Loss on disposition or direct write-down of other real estate owned (30) (2) 35 2 NA
Net gain on sale of loans (231) (186) (258) (367) NA
Deferred income tax expense (22) (142) 128 462 NA
Gain on sale of securities (160) (202) (209) (33) NA
Origination of loans held for sale (16,590) (13,495) (24,379) (22,336) NA
Proceeds from loans held for sale 16,918 13,095 24,775 22,760 NA
Increase in cash surrender value of life insurance (183) (193) (246) (270) NA
Change in other assets and other liabilities 932 (415) 73 14 NA
Net cash from operating activities 5,606 3,851 5,379 5,851 5,275

Cash flow from investing activities

Securities available-for-sale

Purchases (55,352) (29,739) (41,752) (23,878) (16,778)
Maturities, calls and principal pay downs 27,047 24,285 21,869 15,618 13,721
Proceeds from sales 16,124 10,596 7,342 2,644 7,670

Securities held-to-maturity

Purchases (780) 0 (1,000) 0 NA
Principal pay downs 125 161 235 235 200
Net decrease in certificate of deposit in other financial institutions (1,767) (1,436) 1,985 948 990
Purchase of Federal Reserve Bank stock, at cost NA 0 (29) (34) 0
Net increase in loans (3,956) (28,161) (18,120) (45,869) (28,239)
Purchase of Bank owned life insurance (476) 0 (2,000) 0 NA
Acquisition of premises and equipment (5,467) (2,634) (598) (688) (1,528)
Disposal of premises and equipment NA 0 2 6 0
Sale of other real estate owned 234 40 7 69 0
Net cash from investing activities (24,268) (26,888) (32,059) (50,949) (23,964)

Cash flow from financing activities

Net increase in deposit accounts 19,099 13,652 27,823 55,492 29,326
Net change in short-term borrowings 349 (709) 4,857 (10,619) (9,342)
Proceeds from Federal Home Loan Bank advances 8,500 16,300 19,325 2,700 2,400
Repayments of Federal Home Loan Bank advances (8,556) (5,259) (24,286) (3,264) (2,050)
Dividends paid (1,311) (1,310) (1,308) (1,351) (1,065)
Net cash from financing activities 18,081 22,674 26,411 42,958 19,269
Increase in cash or cash equivalents (581) (363) (269) (2,140) 580
Cash and cash equivalents, beginning of period 11,125 10,544 10,181 9,912 7,772
Cash and cash equivalents, end of period 10,544 10,181 9,912 7,772 8,352

Supplemental disclosure of cash flow information

Cash paid during the period

Interest 952 903 1,108 1,643 2,102
Federal income taxes 735 725 300 730 645

Non-cash items

Transfer from loans to other real estate owned 0 38 113 0 NA
Transfer from loans held for sale to portfolio NA 0 342 253 75
Issuance of treasury stock for stock awards NA NA 0 90 59
Expired and forfeited dividend reinvestment plan shares associated with restricted stock awards that were retired to treasury stock 2 6 4 4 0
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.