Call reports 2017
CHARLEVOIX STATE BANK — 2017
What CHARLEVOIX STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 183,391,000 | 179,632,000 | 204,944,000 | 196,060,000 |
| Total loans | 110,946,000 | 111,194,000 | 108,912,000 | 109,766,000 |
| Allowance for loan losses | 1,205,000 | 1,211,000 | 1,218,000 | 1,222,000 |
| Securities available for sale | 40,915,000 | 34,417,000 | 45,478,000 | 46,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,852,000 | 162,158,000 | 186,985,000 | 178,621,000 |
| Interest-bearing deposits | 118,766,000 | 111,880,000 | 128,764,000 | 122,953,000 |
| Noninterest-bearing deposits | 48,086,000 | 50,278,000 | 58,221,000 | 55,668,000 |
| Equity capital | 15,861,000 | 16,373,000 | 16,595,000 | 16,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,593,000 | 3,196,000 | 4,866,000 | 6,699,000 |
| Interest expense | 63,000 | 123,000 | 196,000 | 260,000 |
| Net interest income | 1,530,000 | 3,073,000 | 4,670,000 | 6,439,000 |
| Noninterest income | 425,000 | 929,000 | 1,749,000 | 2,425,000 |
| Noninterest expense | 1,318,000 | 2,634,000 | 4,245,000 | 5,677,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 637,000 | 1,369,000 | 2,175,000 | 3,188,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 637,000 | 1,369,000 | 2,175,000 | 3,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,136,000 | 16,435,000 | 16,735,000 | 17,035,000 |
| Total capital | 17,341,000 | 17,646,000 | 17,953,000 | 18,257,000 |
| Risk-weighted assets | 117,862,000 | 116,381,000 | 116,728,000 | 116,724,000 |