HURON NATIONAL BANCORP INC
10QSB/A, 1996-10-03
NATIONAL COMMERCIAL BANKS
Previous: TRIUMPHE LEASING LIMITED PARTNERSHIP, 10QSB/A, 1996-10-03
Next: CASINO AMERICA INC, S-3/A, 1996-10-03



<TABLE> <S> <C>

<ARTICLE> 9
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                       3,162,769
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  2,486,862
<INVESTMENTS-CARRYING>                       4,654,963
<INVESTMENTS-MARKET>                         4,659,871
<LOANS>                                     18,423,942
<ALLOWANCE>                                    161,025
<TOTAL-ASSETS>                              29,330,150
<DEPOSITS>                                  26,683,641
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            274,676
<LONG-TERM>                                          0
                                0
                                          0
<COMMON>                                       625,000
<OTHER-SE>                                   1,746,833
<TOTAL-LIABILITIES-AND-EQUITY>               2,371,833
<INTEREST-LOAN>                                842,514
<INTEREST-INVEST>                              202,840
<INTEREST-OTHER>                                39,520
<INTEREST-TOTAL>                             1,084,874
<INTEREST-DEPOSIT>                             522,970
<INTEREST-EXPENSE>                             522,970
<INTEREST-INCOME-NET>                          561,904
<LOAN-LOSSES>                                   18,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                393,282
<INCOME-PRETAX>                                222,226
<INCOME-PRE-EXTRAORDINARY>                     222,226
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   150,051
<EPS-PRIMARY>                                     2.40
<EPS-DILUTED>                                     2.40
<YIELD-ACTUAL>                                    4.42
<LOANS-NON>                                     19,867
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                60,299
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               144,100
<CHARGE-OFFS>                                    2,155
<RECOVERIES>                                     1,080
<ALLOWANCE-CLOSE>                              161,025
<ALLOWANCE-DOMESTIC>                            65,853
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         95,172
        

</TABLE>

                          HURON NATIONAL BANCORP, INC.
                                 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                      Huron National Bancorp, Inc.
                                      Registrant

August 8, 1996                        Michael L. Cahoon
Date                                  Michael L. Cahoon
                                      President and Chief Executive Officer

August 8, 1996                        Paulette D. Kierzek
Date                                  Paulette D. Kierzek
                                      Chief Financial Officer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission