Call reports 2020
CHIPPEWA VALLEY BANK — 2020
What CHIPPEWA VALLEY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 476,749,000 | 581,571,000 | 599,873,000 | 589,029,000 |
| Total loans | 375,204,000 | 416,768,000 | 443,878,000 | 438,097,000 |
| Allowance for loan losses | 3,486,000 | 3,634,000 | 3,731,000 | 3,728,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,966,000 | 43,011,000 | 43,167,000 | 43,120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,517,000 | 463,871,000 | 480,703,000 | 469,437,000 |
| Interest-bearing deposits | 312,919,000 | 352,820,000 | 381,036,000 | 89,875,000 |
| Noninterest-bearing deposits | 67,598,000 | 111,051,000 | 99,667,000 | 379,562,000 |
| Equity capital | 39,510,000 | 43,015,000 | 44,935,000 | 45,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,089,000 | 10,829,000 | 15,909,000 | 21,349,000 |
| Interest expense | 1,074,000 | 2,118,000 | 3,101,000 | 4,026,000 |
| Net interest income | 4,015,000 | 8,711,000 | 12,808,000 | 17,323,000 |
| Noninterest income | 365,000 | 714,000 | 1,114,000 | 1,492,000 |
| Noninterest expense | 2,975,000 | 5,486,000 | 8,069,000 | 10,843,000 |
| Provision for loan losses | 75,000 | 225,000 | 325,000 | 325,000 |
| Pretax income | 1,330,000 | 3,714,000 | 5,528,000 | 7,647,000 |
| Income tax | 253,000 | 448,000 | 558,000 | 738,000 |
| Net income | 1,077,000 | 3,266,000 | 4,970,000 | 6,909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,551,000 | 42,096,000 | 44,055,000 | 45,050,000 |
| Total capital | 42,037,000 | 45,730,000 | 47,786,000 | 48,778,000 |
| Risk-weighted assets | 337,165,000 | 380,783,000 | 409,208,000 | 403,428,000 |