Call reports 2023
CHAMPLAIN NATIONAL BANK — 2023
What CHAMPLAIN NATIONAL BANK 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 | 462,558,000 | 463,936,000 | 471,430,000 | 473,377,000 |
| Total loans | 302,050,000 | 304,680,000 | 317,880,000 | 320,057,000 |
| Allowance for loan losses | 3,431,000 | 3,365,000 | 3,416,000 | 3,453,000 |
| Securities available for sale | 125,100,000 | 120,656,000 | 113,788,000 | 116,274,000 |
| Securities held to maturity | 2,835,000 | 2,913,000 | 3,515,000 | 3,396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,045,000 | 387,303,000 | 402,881,000 | 369,158,000 |
| Interest-bearing deposits | 288,820,000 | 254,518,000 | 252,556,000 | 235,647,000 |
| Noninterest-bearing deposits | 135,224,000 | 132,785,000 | 150,325,000 | 133,511,000 |
| Equity capital | 27,214,000 | 26,049,000 | 22,837,000 | 26,839,000 |
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 | 4,248,000 | 8,658,000 | 13,343,000 | 18,345,000 |
| Interest expense | 583,000 | 1,521,000 | 2,923,000 | 4,646,000 |
| Net interest income | 3,665,000 | 7,137,000 | 10,420,000 | 13,699,000 |
| Noninterest income | 507,000 | 1,032,000 | 1,618,000 | 2,162,000 |
| Noninterest expense | 2,949,000 | 5,845,000 | 8,781,000 | 11,837,000 |
| Provision for loan losses | 34,000 | -39,000 | 6,000 | 45,000 |
| Pretax income | 1,202,000 | 2,199,000 | 3,139,000 | 3,907,000 |
| Income tax | 214,000 | 386,000 | 546,000 | 675,000 |
| Net income | 988,000 | 1,813,000 | 2,593,000 | 3,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,602,000 | 47,296,000 | 47,943,000 | 48,388,000 |