Call reports 2006
CHOICEONE BANK — 2006
What CHOICEONE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 246,759,000 | 249,271,000 | 255,996,000 | 462,631,000 |
| Total loans | 184,293,000 | 183,326,000 | 186,296,000 | 331,868,000 |
| Allowance for loan losses | 1,931,000 | 1,861,000 | 1,862,000 | 3,569,000 |
| Securities available for sale | 46,561,000 | 48,961,000 | 52,864,000 | 76,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,216,000 | 187,992,000 | 200,743,000 | 366,803,000 |
| Interest-bearing deposits | 169,812,000 | 166,749,000 | 182,015,000 | 308,394,000 |
| Noninterest-bearing deposits | 21,404,000 | 21,243,000 | 18,728,000 | 58,408,000 |
| Equity capital | 21,240,000 | 21,326,000 | 21,970,000 | 50,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,653,000 | 7,390,000 | 11,284,000 | 17,418,000 |
| Interest expense | 1,676,000 | 3,542,000 | 5,645,000 | 8,718,000 |
| Net interest income | 1,977,000 | 3,848,000 | 5,639,000 | 8,700,000 |
| Noninterest income | 664,000 | 1,343,000 | 1,968,000 | 2,943,000 |
| Noninterest expense | 1,874,000 | 3,697,000 | 5,489,000 | 8,573,000 |
| Provision for loan losses | 10,000 | 35,000 | 110,000 | 200,000 |
| Pretax income | 756,000 | 1,514,000 | 2,104,000 | 2,804,000 |
| Income tax | 196,000 | 392,000 | 533,000 | 682,000 |
| Net income | 560,000 | 1,122,000 | 1,571,000 | 2,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,595,000 | 21,944,000 | 22,202,000 | 33,067,000 |
| Total capital | 23,558,000 | 23,825,000 | 24,065,000 | 36,638,000 |
| Risk-weighted assets | 182,264,000 | 182,927,000 | 188,443,000 | 326,932,000 |