Call reports 2019
CHOICEONE BANK — 2019
What CHOICEONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 666,487,000 | 655,071,000 | 661,031,000 | 673,946,000 |
| Total loans | 431,688,000 | 428,371,000 | 438,001,000 | 434,382,000 |
| Allowance for loan losses | 4,730,000 | 4,801,000 | 4,096,000 | 4,057,000 |
| Securities available for sale | 166,546,000 | 160,956,000 | 153,817,000 | 154,123,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,085,000 | 563,867,000 | 574,927,000 | 578,649,000 |
| Interest-bearing deposits | 409,404,000 | 412,456,000 | 421,496,000 | 414,366,000 |
| Noninterest-bearing deposits | 156,681,000 | 151,411,000 | 153,431,000 | 164,283,000 |
| Equity capital | 77,176,000 | 80,105,000 | 81,168,000 | 81,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 6,466,000 | 13,011,000 | 19,549,000 | 25,996,000 |
| Interest expense | 980,000 | 2,033,000 | 3,025,000 | 3,951,000 |
| Net interest income | 5,486,000 | 10,978,000 | 16,524,000 | 22,045,000 |
| Noninterest income | 1,570,000 | 3,517,000 | 5,579,000 | 7,543,000 |
| Noninterest expense | 5,292,000 | 10,395,000 | 16,265,000 | 21,598,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,842,000 | 4,193,000 | 5,966,000 | 8,118,000 |
| Income tax | 269,000 | 563,000 | 694,000 | 1,067,000 |
| Net income | 1,573,000 | 3,630,000 | 5,272,000 | 7,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,974,000 | 63,856,000 | 64,368,000 | 65,362,000 |
| Total capital | 67,696,000 | 68,649,000 | 68,456,000 | 69,412,000 |
| Risk-weighted assets | 523,488,000 | 509,987,000 | 525,129,000 | 525,493,000 |