Call reports 2014
CHARLEVOIX STATE BANK — 2014
What CHARLEVOIX STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 152,217,000 | 147,475,000 | 170,323,000 | 158,663,000 |
| Total loans | 94,433,000 | 98,000,000 | 95,983,000 | 97,531,000 |
| Allowance for loan losses | 1,533,000 | 1,485,000 | 1,463,000 | 1,558,000 |
| Securities available for sale | 28,530,000 | 23,152,000 | 25,759,000 | 26,900,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,055,000 | 133,018,000 | 155,761,000 | 144,317,000 |
| Interest-bearing deposits | 103,782,000 | 93,002,000 | 111,737,000 | 102,589,000 |
| Noninterest-bearing deposits | 34,273,000 | 40,016,000 | 44,024,000 | 41,728,000 |
| Equity capital | 13,409,000 | 13,455,000 | 13,563,000 | 13,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,335,000 | 2,752,000 | 4,178,000 | 5,608,000 |
| Interest expense | 90,000 | 179,000 | 264,000 | 349,000 |
| Net interest income | 1,245,000 | 2,573,000 | 3,914,000 | 5,259,000 |
| Noninterest income | 206,000 | 551,000 | 1,229,000 | 1,649,000 |
| Noninterest expense | 1,218,000 | 2,433,000 | 3,894,000 | 5,078,000 |
| Provision for loan losses | -89,000 | -133,000 | -161,000 | -61,000 |
| Pretax income | 323,000 | 846,000 | 1,432,000 | 1,913,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 323,000 | 846,000 | 1,432,000 | 1,913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,435,000 | 13,435,000 | 13,535,000 | 13,635,000 |
| Total capital | 14,735,000 | 14,748,000 | 14,838,000 | 14,875,000 |
| Risk-weighted assets | 103,826,000 | 104,898,000 | 104,155,000 | 102,301,000 |