Call reports 2018
CHOICEONE BANK — 2018
What CHOICEONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 618,953,000 | 627,036,000 | 646,319,000 | 666,767,000 |
| Total loans | 393,317,000 | 405,522,000 | 418,826,000 | 430,548,000 |
| Allowance for loan losses | 4,709,000 | 4,659,000 | 4,622,000 | 4,673,000 |
| Securities available for sale | 164,015,000 | 161,505,000 | 162,183,000 | 164,911,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 533,478,000 | 529,093,000 | 545,688,000 | 578,415,000 |
| Interest-bearing deposits | 385,361,000 | 380,881,000 | 399,321,000 | 423,473,000 |
| Noninterest-bearing deposits | 148,117,000 | 148,212,000 | 146,367,000 | 154,942,000 |
| Equity capital | 70,759,000 | 71,431,000 | 71,717,000 | 75,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 5,684,000 | 11,786,000 | 18,039,000 | 24,478,000 |
| Interest expense | 392,000 | 938,000 | 1,626,000 | 2,461,000 |
| Net interest income | 5,292,000 | 10,848,000 | 16,413,000 | 22,017,000 |
| Noninterest income | 1,617,000 | 3,297,000 | 5,035,000 | 6,816,000 |
| Noninterest expense | 4,925,000 | 9,991,000 | 15,019,000 | 20,318,000 |
| Provision for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Pretax income | 1,949,000 | 4,134,000 | 6,409,000 | 8,391,000 |
| Income tax | 298,000 | 645,000 | 979,000 | 1,140,000 |
| Net income | 1,651,000 | 3,489,000 | 5,430,000 | 7,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,834,000 | 59,846,000 | 60,873,000 | 62,309,000 |
| Total capital | 63,535,000 | 64,499,000 | 65,489,000 | 66,976,000 |
| Risk-weighted assets | 475,728,000 | 491,954,000 | 507,909,000 | 519,987,000 |