Call reports 2012
CHELSEA BANK — 2012
What CHELSEA BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 52,028,000 | 56,160,000 | 55,502,000 | 57,130,000 |
| Total loans | 36,205,000 | 37,339,000 | 37,265,000 | 35,276,000 |
| Allowance for loan losses | 342,000 | 352,000 | 365,000 | 373,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,098,000 | 4,989,000 | 5,637,000 | 6,142,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,958,000 | 50,127,000 | 49,508,000 | 51,076,000 |
| Interest-bearing deposits | 39,764,000 | 39,324,000 | 39,600,000 | 40,055,000 |
| Noninterest-bearing deposits | 6,194,000 | 10,803,000 | 9,908,000 | 11,021,000 |
| Equity capital | 5,125,000 | 5,218,000 | 5,269,000 | 5,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 495,000 | 1,003,000 | 1,485,000 | 1,990,000 |
| Interest expense | 95,000 | 186,000 | 276,000 | 357,000 |
| Net interest income | 400,000 | 817,000 | 1,209,000 | 1,633,000 |
| Noninterest income | 192,000 | 404,000 | 680,000 | 1,133,000 |
| Noninterest expense | 531,000 | 998,000 | 1,575,000 | 2,221,000 |
| Provision for loan losses | 13,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 48,000 | 199,000 | 278,000 | 497,000 |
| Income tax | 15,000 | 73,000 | 101,000 | 187,000 |
| Net income | 33,000 | 126,000 | 177,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,092,000 | 5,184,000 | 5,234,000 | 5,362,000 |
| Total capital | 5,434,000 | 5,536,000 | 5,599,000 | 5,733,000 |
| Risk-weighted assets | 29,773,000 | 30,948,000 | 30,500,000 | 29,704,000 |