Call reports 2016
CHOICEONE BANK — 2016
What CHOICEONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 576,604,000 | 587,570,000 | 595,098,000 | 603,892,000 |
| Total loans | 352,851,000 | 359,976,000 | 365,440,000 | 370,973,000 |
| Allowance for loan losses | 4,125,000 | 4,296,000 | 4,276,000 | 4,277,000 |
| Securities available for sale | 168,545,000 | 171,668,000 | 173,997,000 | 170,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 481,122,000 | 464,612,000 | 477,575,000 | 512,903,000 |
| Interest-bearing deposits | 358,338,000 | 339,686,000 | 353,779,000 | 384,775,000 |
| Noninterest-bearing deposits | 122,784,000 | 124,926,000 | 123,796,000 | 128,128,000 |
| Equity capital | 67,937,000 | 68,854,000 | 69,902,000 | 67,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,911,000 | 9,936,000 | 15,087,000 | 20,261,000 |
| Interest expense | 242,000 | 488,000 | 725,000 | 969,000 |
| Net interest income | 4,669,000 | 9,448,000 | 14,362,000 | 19,292,000 |
| Noninterest income | 1,772,000 | 3,667,000 | 5,703,000 | 7,568,000 |
| Noninterest expense | 4,757,000 | 9,611,000 | 14,260,000 | 18,838,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,754,000 | 3,730,000 | 6,060,000 | 8,334,000 |
| Income tax | 469,000 | 974,000 | 1,622,000 | 2,201,000 |
| Net income | 1,285,000 | 2,756,000 | 4,438,000 | 6,133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,254,000 | 52,797,000 | 53,702,000 | 54,709,000 |
| Total capital | 56,359,000 | 57,067,000 | 57,952,000 | 58,963,000 |
| Risk-weighted assets | 421,043,000 | 436,940,000 | 429,704,000 | 438,986,000 |