Call reports 2023
CHIPPEWA VALLEY BANK — 2023
What CHIPPEWA VALLEY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 643,787,000 | 624,013,000 | 650,573,000 | 687,642,000 |
| Total loans | 421,810,000 | 431,449,000 | 454,492,000 | 477,086,000 |
| Allowance for loan losses | 3,829,000 | 3,656,000 | 3,850,000 | 3,851,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 139,583,000 | 122,462,000 | 118,681,000 | 113,762,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 467,160,000 | 444,233,000 | 452,578,000 | 506,121,000 |
| Interest-bearing deposits | 374,066,000 | 354,108,000 | 352,244,000 | 412,569,000 |
| Noninterest-bearing deposits | 93,094,000 | 90,125,000 | 100,334,000 | 93,552,000 |
| Equity capital | 56,866,000 | 57,512,000 | 59,477,000 | 59,507,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,784,000 | 16,205,000 | 25,345,000 | 35,433,000 |
| Interest expense | 916,000 | 2,170,000 | 3,668,000 | 6,221,000 |
| Net interest income | 6,868,000 | 14,035,000 | 21,677,000 | 29,212,000 |
| Noninterest income | 406,000 | 828,000 | 1,276,000 | 1,659,000 |
| Noninterest expense | 3,124,000 | 6,933,000 | 10,069,000 | 13,737,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 200,000 |
| Pretax income | 4,150,000 | 7,930,000 | 12,685,000 | 16,935,000 |
| Income tax | 182,000 | 405,000 | 645,000 | 1,215,000 |
| Net income | 3,968,000 | 7,525,000 | 12,040,000 | 15,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,329,000 | 56,992,000 | 58,974,000 | 59,022,000 |
| Total capital | 60,158,000 | 60,648,000 | 62,824,000 | 62,873,000 |
| Risk-weighted assets | 403,366,000 | 411,024,000 | 441,988,000 | 455,979,000 |