Call reports 2013
CHOICEONE BANK — 2013
What CHOICEONE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 509,795,000 | 499,197,000 | 498,178,000 | 513,928,000 |
| Total loans | 316,519,000 | 317,364,000 | 316,666,000 | 316,897,000 |
| Allowance for loan losses | 5,881,000 | 5,864,000 | 5,712,000 | 4,735,000 |
| Securities available for sale | 133,059,000 | 130,561,000 | 126,818,000 | 135,398,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 426,020,000 | 404,682,000 | 406,847,000 | 418,764,000 |
| Interest-bearing deposits | 330,059,000 | 307,371,000 | 314,276,000 | 315,885,000 |
| Noninterest-bearing deposits | 95,961,000 | 97,311,000 | 92,571,000 | 102,879,000 |
| Equity capital | 60,559,000 | 59,857,000 | 59,829,000 | 60,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,808,000 | 9,614,000 | 14,345,000 | 18,995,000 |
| Interest expense | 388,000 | 748,000 | 1,092,000 | 1,419,000 |
| Net interest income | 4,420,000 | 8,866,000 | 13,253,000 | 17,576,000 |
| Noninterest income | 1,674,000 | 3,312,000 | 4,624,000 | 6,266,000 |
| Noninterest expense | 4,123,000 | 8,433,000 | 12,549,000 | 16,723,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 1,694,000 | 3,521,000 | 5,116,000 | 6,955,000 |
| Income tax | 446,000 | 937,000 | 1,326,000 | 1,814,000 |
| Net income | 1,248,000 | 2,584,000 | 3,790,000 | 5,141,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,789,000 | 43,835,000 | 44,415,000 | 45,216,000 |
| Total capital | 46,808,000 | 47,862,000 | 48,418,000 | 49,340,000 |
| Risk-weighted assets | 339,247,000 | 339,897,000 | 339,826,000 | 350,600,000 |