Call reports 2002
CHOICEONE BANK — 2002
What CHOICEONE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 202,326,000 | 205,368,000 | 215,416,000 | 212,219,000 |
| Total loans | 171,579,000 | 173,224,000 | 182,967,000 | 175,013,000 |
| Allowance for loan losses | 2,082,000 | 2,030,000 | 2,134,000 | 2,211,000 |
| Securities available for sale | 17,017,000 | 19,303,000 | 19,714,000 | 21,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,905,000 | 140,200,000 | 144,462,000 | 152,826,000 |
| Interest-bearing deposits | 121,541,000 | 124,232,000 | 128,908,000 | 135,388,000 |
| Noninterest-bearing deposits | 15,364,000 | 15,968,000 | 15,554,000 | 17,439,000 |
| Equity capital | 18,202,000 | 18,704,000 | 19,084,000 | 19,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,601,000 | 7,187,000 | 10,900,000 | 14,269,000 |
| Interest expense | 1,651,000 | 3,243,000 | 4,751,000 | 6,164,000 |
| Net interest income | 1,950,000 | 3,944,000 | 6,149,000 | 8,105,000 |
| Noninterest income | 723,000 | 1,498,000 | 2,318,000 | 3,614,000 |
| Noninterest expense | 1,939,000 | 4,025,000 | 6,151,000 | 8,080,000 |
| Provision for loan losses | 160,000 | 385,000 | 710,000 | 1,270,000 |
| Pretax income | 578,000 | 1,036,000 | 1,611,000 | 2,380,000 |
| Income tax | 159,000 | 293,000 | 454,000 | 688,000 |
| Net income | 419,000 | 743,000 | 1,157,000 | 1,692,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,794,000 | 18,056,000 | 18,215,000 | 18,520,000 |
| Total capital | 19,706,000 | 20,037,000 | 20,264,000 | 20,531,000 |
| Risk-weighted assets | 152,795,000 | 158,406,000 | 164,674,000 | 163,034,000 |