Call reports 2024
CHIPPEWA VALLEY BANK — 2024
What CHIPPEWA VALLEY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 700,559,000 | 696,058,000 | 708,820,000 | 708,658,000 |
| Total loans | 495,782,000 | 495,774,000 | 498,378,000 | 504,493,000 |
| Allowance for loan losses | 4,316,000 | 4,321,000 | 4,319,000 | 4,312,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 119,281,000 | 112,882,000 | 113,244,000 | 113,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 520,802,000 | 516,937,000 | 528,490,000 | 513,093,000 |
| Interest-bearing deposits | 433,150,000 | 431,206,000 | 416,250,000 | 393,839,000 |
| Noninterest-bearing deposits | 87,652,000 | 85,731,000 | 112,240,000 | 119,254,000 |
| Equity capital | 59,653,000 | 60,451,000 | 61,401,000 | 62,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 11,044,000 | 21,973,000 | 33,131,000 | 44,060,000 |
| Interest expense | 2,934,000 | 6,167,000 | 9,470,000 | 12,496,000 |
| Net interest income | 8,110,000 | 15,806,000 | 23,661,000 | 31,564,000 |
| Noninterest income | 606,000 | 1,034,000 | 1,460,000 | 1,693,000 |
| Noninterest expense | 3,560,000 | 7,246,000 | 10,602,000 | 14,199,000 |
| Provision for loan losses | 477,000 | 477,000 | 477,000 | 477,000 |
| Pretax income | 4,679,000 | 9,117,000 | 14,042,000 | 18,581,000 |
| Income tax | 83,000 | 273,000 | 498,000 | 722,000 |
| Net income | 4,596,000 | 8,844,000 | 13,544,000 | 17,859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,185,000 | 60,000,000 | 60,967,000 | 61,749,000 |
| Total capital | 63,501,000 | 64,321,000 | 65,286,000 | 66,061,000 |
| Risk-weighted assets | 480,221,000 | 475,241,000 | 474,233,000 | 483,701,000 |