Call reports 2011
CHARLEVOIX STATE BANK — 2011
What CHARLEVOIX STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 145,677,000 | 140,699,000 | 154,997,000 | 143,739,000 |
| Total loans | 102,476,000 | 104,865,000 | 102,291,000 | 104,153,000 |
| Allowance for loan losses | 1,491,000 | 1,441,000 | 1,343,000 | 1,558,000 |
| Securities available for sale | 14,922,000 | 13,431,000 | 13,506,000 | 14,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,351,000 | 125,391,000 | 140,961,000 | 130,137,000 |
| Interest-bearing deposits | 102,978,000 | 94,286,000 | 109,875,000 | 100,946,000 |
| Noninterest-bearing deposits | 28,373,000 | 31,105,000 | 31,086,000 | 29,191,000 |
| Equity capital | 13,052,000 | 13,293,000 | 13,327,000 | 13,240,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,622,000 | 3,269,000 | 4,917,000 | 6,489,000 |
| Interest expense | 227,000 | 442,000 | 644,000 | 824,000 |
| Net interest income | 1,395,000 | 2,827,000 | 4,273,000 | 5,665,000 |
| Noninterest income | 229,000 | 471,000 | 948,000 | 1,198,000 |
| Noninterest expense | 1,177,000 | 2,366,000 | 3,780,000 | 4,933,000 |
| Provision for loan losses | 140,000 | 290,000 | 440,000 | 740,000 |
| Pretax income | 307,000 | 642,000 | 1,002,000 | 1,256,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 307,000 | 642,000 | 1,002,000 | 1,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,929,000 | 13,014,000 | 12,922,000 | 12,926,000 |
| Total capital | 14,229,000 | 14,315,000 | 14,227,000 | 14,227,000 |
| Risk-weighted assets | 103,583,000 | 104,062,000 | 104,484,000 | 103,514,000 |