Call reports 2015
CHARLEVOIX STATE BANK — 2015
What CHARLEVOIX STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 163,625,000 | 167,593,000 | 188,255,000 | 175,923,000 |
| Total loans | 99,690,000 | 102,449,000 | 100,925,000 | 101,747,000 |
| Allowance for loan losses | 1,192,000 | 1,151,000 | 1,157,000 | 1,202,000 |
| Securities available for sale | 28,421,000 | 24,440,000 | 33,721,000 | 37,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,569,000 | 152,822,000 | 173,061,000 | 160,964,000 |
| Interest-bearing deposits | 104,472,000 | 106,585,000 | 121,165,000 | 113,994,000 |
| Noninterest-bearing deposits | 44,097,000 | 46,237,000 | 51,896,000 | 46,970,000 |
| Equity capital | 13,966,000 | 13,956,000 | 14,396,000 | 14,599,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,409,000 | 2,852,000 | 4,317,000 | 5,804,000 |
| Interest expense | 80,000 | 163,000 | 239,000 | 306,000 |
| Net interest income | 1,329,000 | 2,689,000 | 4,078,000 | 5,498,000 |
| Noninterest income | 384,000 | 835,000 | 1,580,000 | 2,090,000 |
| Noninterest expense | 1,243,000 | 2,459,000 | 3,979,000 | 5,428,000 |
| Provision for loan losses | -362,000 | -357,000 | -362,000 | -311,000 |
| Pretax income | 832,000 | 1,423,000 | 2,042,000 | 2,472,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 832,000 | 1,423,000 | 2,042,000 | 2,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,785,000 | 13,929,000 | 14,236,000 | 14,635,000 |
| Total capital | 14,977,000 | 15,080,000 | 15,393,000 | 15,837,000 |
| Risk-weighted assets | 107,558,000 | 108,358,000 | 108,356,000 | 110,516,000 |