Call reports 2011
CHOICEONE BANK — 2011
What CHOICEONE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 489,621,000 | 479,175,000 | 486,755,000 | 495,696,000 |
| Total loans | 312,396,000 | 314,327,000 | 323,194,000 | 321,389,000 |
| Allowance for loan losses | 4,731,000 | 4,802,000 | 4,834,000 | 5,213,000 |
| Securities available for sale | 102,766,000 | 103,155,000 | 110,280,000 | 114,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,787,000 | 389,797,000 | 397,742,000 | 403,852,000 |
| Interest-bearing deposits | 333,769,000 | 316,875,000 | 326,425,000 | 325,103,000 |
| Noninterest-bearing deposits | 68,018,000 | 72,922,000 | 71,317,000 | 78,750,000 |
| Equity capital | 54,486,000 | 55,656,000 | 56,902,000 | 57,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,282,000 | 10,664,000 | 16,063,000 | 21,468,000 |
| Interest expense | 938,000 | 1,851,000 | 2,728,000 | 3,552,000 |
| Net interest income | 4,344,000 | 8,813,000 | 13,335,000 | 17,916,000 |
| Noninterest income | 1,364,000 | 2,962,000 | 4,463,000 | 5,976,000 |
| Noninterest expense | 3,842,000 | 7,877,000 | 11,786,000 | 15,707,000 |
| Provision for loan losses | 1,000,000 | 1,850,000 | 2,800,000 | 3,700,000 |
| Pretax income | 902,000 | 2,110,000 | 3,279,000 | 4,614,000 |
| Income tax | 183,000 | 468,000 | 747,000 | 1,076,000 |
| Net income | 719,000 | 1,642,000 | 2,532,000 | 3,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,054,000 | 37,656,000 | 38,264,000 | 38,960,000 |
| Total capital | 41,038,000 | 41,710,000 | 42,361,000 | 43,042,000 |
| Risk-weighted assets | 337,236,000 | 341,856,000 | 345,288,000 | 343,872,000 |