Call reports 2013
CHARLEVOIX STATE BANK — 2013
What CHARLEVOIX STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 147,273,000 | 144,349,000 | 168,570,000 | 154,992,000 |
| Total loans | 95,443,000 | 95,748,000 | 92,772,000 | 93,542,000 |
| Allowance for loan losses | 1,726,000 | 1,722,000 | 1,666,000 | 1,609,000 |
| Securities available for sale | 19,959,000 | 19,850,000 | 23,945,000 | 26,650,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,610,000 | 130,806,000 | 154,697,000 | 141,311,000 |
| Interest-bearing deposits | 100,943,000 | 93,237,000 | 112,683,000 | 100,859,000 |
| Noninterest-bearing deposits | 32,667,000 | 37,569,000 | 42,014,000 | 40,452,000 |
| Equity capital | 13,266,000 | 12,904,000 | 12,839,000 | 13,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,438,000 | 2,901,000 | 4,350,000 | 5,784,000 |
| Interest expense | 117,000 | 215,000 | 309,000 | 403,000 |
| Net interest income | 1,321,000 | 2,686,000 | 4,041,000 | 5,381,000 |
| Noninterest income | 410,000 | 797,000 | 1,430,000 | 1,841,000 |
| Noninterest expense | 1,228,000 | 2,429,000 | 3,859,000 | 5,108,000 |
| Provision for loan losses | 180,000 | 248,000 | 205,000 | 205,000 |
| Pretax income | 323,000 | 806,000 | 1,407,000 | 1,909,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 323,000 | 806,000 | 1,407,000 | 1,909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,925,000 | 12,930,000 | 12,932,000 | 13,434,000 |
| Total capital | 14,156,000 | 14,162,000 | 14,212,000 | 14,719,000 |
| Risk-weighted assets | 98,064,000 | 98,099,000 | 102,063,000 | 102,523,000 |