Call reports 2016
CHARLEVOIX STATE BANK — 2016
What CHARLEVOIX STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 173,743,000 | 174,298,000 | 206,431,000 | 186,932,000 |
| Total loans | 103,514,000 | 106,339,000 | 106,471,000 | 108,353,000 |
| Allowance for loan losses | 1,211,000 | 1,207,000 | 1,207,000 | 1,212,000 |
| Securities available for sale | 37,673,000 | 32,691,000 | 43,217,000 | 42,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,415,000 | 158,141,000 | 189,766,000 | 170,901,000 |
| Interest-bearing deposits | 112,069,000 | 110,278,000 | 138,107,000 | 118,364,000 |
| Noninterest-bearing deposits | 45,346,000 | 47,863,000 | 51,659,000 | 52,537,000 |
| Equity capital | 15,099,000 | 15,428,000 | 15,856,000 | 15,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,502,000 | 3,016,000 | 4,598,000 | 6,181,000 |
| Interest expense | 63,000 | 125,000 | 192,000 | 261,000 |
| Net interest income | 1,439,000 | 2,891,000 | 4,406,000 | 5,920,000 |
| Noninterest income | 411,000 | 916,000 | 1,714,000 | 2,227,000 |
| Noninterest expense | 1,283,000 | 2,572,000 | 4,123,000 | 5,532,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 570,000 | 1,252,000 | 2,013,000 | 2,631,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 570,000 | 1,252,000 | 2,013,000 | 2,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,885,000 | 15,135,000 | 15,586,000 | 15,835,000 |
| Total capital | 16,096,000 | 16,342,000 | 16,793,000 | 17,047,000 |
| Risk-weighted assets | 111,861,000 | 111,398,000 | 115,466,000 | 116,059,000 |