Call reports 2018
CHARLEVOIX STATE BANK — 2018
What CHARLEVOIX STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 183,739,000 | 189,701,000 | 200,513,000 | 186,601,000 |
| Total loans | 109,710,000 | 109,147,000 | 106,237,000 | 106,493,000 |
| Allowance for loan losses | 1,227,000 | 1,230,000 | 1,235,000 | 1,234,000 |
| Securities available for sale | 46,699,000 | 43,037,000 | 47,298,000 | 49,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,469,000 | 172,103,000 | 182,487,000 | 168,349,000 |
| Interest-bearing deposits | 114,639,000 | 118,437,000 | 128,886,000 | 112,439,000 |
| Noninterest-bearing deposits | 51,830,000 | 53,666,000 | 53,601,000 | 55,910,000 |
| Equity capital | 16,434,000 | 16,682,000 | 16,617,000 | 16,948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,713,000 | 3,450,000 | 5,291,000 | 7,149,000 |
| Interest expense | 58,000 | 122,000 | 211,000 | 287,000 |
| Net interest income | 1,655,000 | 3,328,000 | 5,080,000 | 6,862,000 |
| Noninterest income | 464,000 | 990,000 | 1,844,000 | 2,446,000 |
| Noninterest expense | 1,303,000 | 2,679,000 | 4,298,000 | 5,766,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 809,000 | 1,632,000 | 2,619,000 | 3,535,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 809,000 | 1,632,000 | 2,619,000 | 3,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,336,000 | 17,635,000 | 17,660,000 | 17,685,000 |
| Total capital | 18,563,000 | 18,865,000 | 18,895,000 | 18,919,000 |
| Risk-weighted assets | 115,691,000 | 114,681,000 | 113,571,000 | 116,158,000 |