Call reports 2004
CHOICEONE BANK — 2004
What CHOICEONE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 216,297,000 | 225,251,000 | 228,461,000 | 231,133,000 |
| Total loans | 163,542,000 | 169,692,000 | 175,187,000 | 173,559,000 |
| Allowance for loan losses | 1,713,000 | 1,692,000 | 1,756,000 | 1,739,000 |
| Securities available for sale | 40,192,000 | 40,561,000 | 39,840,000 | 44,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,381,000 | 156,881,000 | 166,007,000 | 167,211,000 |
| Interest-bearing deposits | 133,824,000 | 137,204,000 | 149,206,000 | 149,980,000 |
| Noninterest-bearing deposits | 16,557,000 | 19,677,000 | 16,801,000 | 17,231,000 |
| Equity capital | 20,716,000 | 20,337,000 | 20,361,000 | 20,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,874,000 | 5,719,000 | 8,635,000 | 11,731,000 |
| Interest expense | 964,000 | 1,948,000 | 2,988,000 | 4,067,000 |
| Net interest income | 1,910,000 | 3,771,000 | 5,647,000 | 7,664,000 |
| Noninterest income | 659,000 | 1,259,000 | 1,873,000 | 2,532,000 |
| Noninterest expense | 1,784,000 | 3,531,000 | 5,317,000 | 7,104,000 |
| Provision for loan losses | 80,000 | 160,000 | 275,000 | 465,000 |
| Pretax income | 734,000 | 1,374,000 | 1,966,000 | 2,665,000 |
| Income tax | 210,000 | 404,000 | 564,000 | 728,000 |
| Net income | 524,000 | 970,000 | 1,402,000 | 1,937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,992,000 | 20,414,000 | 20,004,000 | 20,287,000 |
| Total capital | 21,707,000 | 22,108,000 | 21,761,000 | 22,026,000 |
| Risk-weighted assets | 157,658,000 | 164,984,000 | 168,861,000 | 169,388,000 |