FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

CHOICEONE BANK — 2024Q1

The 22 measures CHOICEONE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/5956bb3c-ef21-4df0-9fea-8facfde78fc8/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets2,668,315,000USDevidence →
Total loans1,424,625,000USDevidence →
Allowance for loan losses16,037,000USDevidence →
Securities available for sale504,634,000USDevidence →
Securities held to maturity397,981,000USDevidence →
Trading assets0USDevidence →
Total deposits2,198,207,000USDevidence →
Interest-bearing deposits1,683,163,000USDevidence →
Noninterest-bearing deposits515,044,000USDevidence →
Equity capital227,331,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income28,408,000USDevidence →
Interest expense11,546,000USDevidence →
Net interest income16,862,000USDevidence →
Noninterest income3,974,000USDevidence →
Noninterest expense13,535,000USDevidence →
Provision for loan losses403,000USDevidence →
Pretax income7,254,000USDevidence →
Income tax1,297,000USDevidence →
Net income5,957,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital213,575,000USDevidence →
Total capital227,346,000USDevidence →
Risk-weighted assets1,805,508,000USDevidence →