Call reports 2015
CHOICEONE BANK — 2015
What CHOICEONE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 541,814,000 | 544,884,000 | 552,909,000 | 565,408,000 |
| Total loans | 340,355,000 | 338,773,000 | 345,606,000 | 354,261,000 |
| Allowance for loan losses | 4,321,000 | 4,352,000 | 4,317,000 | 4,194,000 |
| Securities available for sale | 148,869,000 | 148,884,000 | 152,097,000 | 157,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,868,000 | 423,254,000 | 468,041,000 | 475,841,000 |
| Interest-bearing deposits | 319,057,000 | 308,184,000 | 352,291,000 | 351,759,000 |
| Noninterest-bearing deposits | 110,811,000 | 115,070,000 | 115,750,000 | 124,082,000 |
| Equity capital | 66,024,000 | 65,794,000 | 66,825,000 | 66,539,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,743,000 | 9,568,000 | 14,431,000 | 19,325,000 |
| Interest expense | 256,000 | 510,000 | 754,000 | 990,000 |
| Net interest income | 4,487,000 | 9,058,000 | 13,677,000 | 18,335,000 |
| Noninterest income | 2,370,000 | 4,264,000 | 6,157,000 | 7,785,000 |
| Noninterest expense | 4,606,000 | 9,120,000 | 13,798,000 | 18,482,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Pretax income | 2,159,000 | 4,155,000 | 6,144,000 | 7,799,000 |
| Income tax | 495,000 | 1,028,000 | 1,565,000 | 1,989,000 |
| Net income | 1,664,000 | 3,127,000 | 4,579,000 | 5,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,219,000 | 50,924,000 | 51,370,000 | 51,574,000 |
| Total capital | 54,463,000 | 55,150,000 | 55,575,000 | 55,723,000 |
| Risk-weighted assets | 403,959,000 | 395,849,000 | 406,506,000 | 418,374,000 |