Call reports 2021
CHIPPEWA VALLEY BANK — 2021
What CHIPPEWA VALLEY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 633,922,000 | 706,489,000 | 677,755,000 | 669,658,000 |
| Total loans | 433,393,000 | 424,047,000 | 415,483,000 | 426,180,000 |
| Allowance for loan losses | 3,799,000 | 3,811,000 | 3,880,000 | 3,881,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 65,503,000 | 64,864,000 | 105,235,000 | 121,887,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,501,000 | 577,651,000 | 512,053,000 | 504,107,000 |
| Interest-bearing deposits | 406,776,000 | 476,233,000 | 401,737,000 | 395,645,000 |
| Noninterest-bearing deposits | 97,725,000 | 101,418,000 | 110,316,000 | 108,462,000 |
| Equity capital | 46,494,000 | 48,957,000 | 49,577,000 | 49,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,716,000 | 10,069,000 | 14,728,000 | 19,355,000 |
| Interest expense | 861,000 | 1,691,000 | 2,457,000 | 3,169,000 |
| Net interest income | 3,855,000 | 8,378,000 | 12,271,000 | 16,186,000 |
| Noninterest income | 351,000 | 733,000 | 1,133,000 | 1,519,000 |
| Noninterest expense | 2,603,000 | 5,416,000 | 8,100,000 | 11,017,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 225,000 |
| Pretax income | 1,528,000 | 3,545,000 | 5,079,000 | 6,463,000 |
| Income tax | 120,000 | 240,000 | 370,000 | 540,000 |
| Net income | 1,408,000 | 3,305,000 | 4,709,000 | 5,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,693,000 | 48,196,000 | 48,855,000 | 49,225,000 |
| Total capital | 49,492,000 | 52,007,000 | 52,735,000 | 53,106,000 |
| Risk-weighted assets | 381,573,000 | 379,445,000 | 377,420,000 | 393,185,000 |