Call reports 2007
CHOICEONE BANK — 2007
What CHOICEONE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 458,107,000 | 463,511,000 | 462,922,000 | 466,853,000 |
| Total loans | 327,520,000 | 332,306,000 | 325,708,000 | 328,457,000 |
| Allowance for loan losses | 3,549,000 | 3,549,000 | 3,723,000 | 3,600,000 |
| Securities available for sale | 78,242,000 | 76,602,000 | 83,349,000 | 82,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,957,000 | 355,210,000 | 356,740,000 | 351,912,000 |
| Interest-bearing deposits | 311,415,000 | 305,291,000 | 306,257,000 | 297,490,000 |
| Noninterest-bearing deposits | 50,542,000 | 49,919,000 | 50,483,000 | 54,422,000 |
| Equity capital | 50,881,000 | 50,806,000 | 51,364,000 | 52,325,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 7,025,000 | 14,254,000 | 21,627,000 | 28,737,000 |
| Interest expense | 3,259,000 | 6,664,000 | 10,159,000 | 13,621,000 |
| Net interest income | 3,766,000 | 7,590,000 | 11,468,000 | 15,116,000 |
| Noninterest income | 1,430,000 | 2,880,000 | 4,297,000 | 6,467,000 |
| Noninterest expense | 3,757,000 | 7,579,000 | 11,402,000 | 14,921,000 |
| Provision for loan losses | 100,000 | 370,000 | 1,035,000 | 2,035,000 |
| Pretax income | 1,337,000 | 2,521,000 | 3,339,000 | 4,640,000 |
| Income tax | 318,000 | 582,000 | 709,000 | 978,000 |
| Net income | 1,019,000 | 1,939,000 | 2,630,000 | 3,662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,197,000 | 33,248,000 | 33,332,000 | 34,068,000 |
| Total capital | 36,746,000 | 36,797,000 | 37,055,000 | 37,416,000 |
| Risk-weighted assets | 328,063,000 | 335,217,000 | 332,175,000 | 327,022,000 |