Call reports 2014
CHOICEONE BANK — 2014
What CHOICEONE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 519,663,000 | 531,235,000 | 532,702,000 | 548,447,000 |
| Total loans | 321,205,000 | 331,017,000 | 340,403,000 | 348,283,000 |
| Allowance for loan losses | 4,596,000 | 4,656,000 | 4,659,000 | 4,173,000 |
| Securities available for sale | 142,566,000 | 138,640,000 | 140,328,000 | 141,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,285,000 | 428,835,000 | 423,675,000 | 435,635,000 |
| Interest-bearing deposits | 320,440,000 | 308,015,000 | 314,748,000 | 321,821,000 |
| Noninterest-bearing deposits | 108,845,000 | 120,820,000 | 108,927,000 | 113,814,000 |
| Equity capital | 61,052,000 | 62,344,000 | 63,366,000 | 64,299,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,650,000 | 9,385,000 | 14,198,000 | 18,997,000 |
| Interest expense | 302,000 | 591,000 | 873,000 | 1,151,000 |
| Net interest income | 4,348,000 | 8,794,000 | 13,325,000 | 17,846,000 |
| Noninterest income | 1,505,000 | 3,151,000 | 4,987,000 | 6,840,000 |
| Noninterest expense | 4,106,000 | 8,376,000 | 12,684,000 | 17,050,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Pretax income | 1,713,000 | 3,561,000 | 5,710,000 | 7,820,000 |
| Income tax | 446,000 | 938,000 | 1,530,000 | 2,097,000 |
| Net income | 1,267,000 | 2,623,000 | 4,180,000 | 5,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,910,000 | 46,726,000 | 47,752,000 | 48,665,000 |
| Total capital | 50,041,000 | 50,971,000 | 52,163,000 | 52,664,000 |
| Risk-weighted assets | 350,107,000 | 359,129,000 | 374,876,000 | 386,014,000 |