Call reports 2019
CHARLEVOIX STATE BANK — 2019
What CHARLEVOIX STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 187,283,000 | 184,906,000 | 205,267,000 | 194,466,000 |
| Total loans | 108,509,000 | 112,508,000 | 113,152,000 | 113,257,000 |
| Allowance for loan losses | 1,221,000 | 1,228,000 | 1,233,000 | 1,189,000 |
| Securities available for sale | 41,830,000 | 39,742,000 | 39,529,000 | 41,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,803,000 | 165,820,000 | 185,545,000 | 175,143,000 |
| Interest-bearing deposits | 116,213,000 | 111,617,000 | 127,810,000 | 119,151,000 |
| Noninterest-bearing deposits | 52,590,000 | 54,203,000 | 57,735,000 | 55,992,000 |
| Equity capital | 17,335,000 | 17,789,000 | 18,004,000 | 18,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,794,000 | 3,655,000 | 5,588,000 | 7,506,000 |
| Interest expense | 99,000 | 176,000 | 282,000 | 385,000 |
| Net interest income | 1,695,000 | 3,479,000 | 5,306,000 | 7,121,000 |
| Noninterest income | 451,000 | 970,000 | 1,851,000 | 2,473,000 |
| Noninterest expense | 1,320,000 | 2,713,000 | 4,453,000 | 5,952,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 827,000 | 1,740,000 | 2,708,000 | 3,649,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 827,000 | 1,740,000 | 2,708,000 | 3,649,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,736,000 | 17,785,000 | 17,836,000 | 17,885,000 |
| Total capital | 18,957,000 | 19,013,000 | 19,069,000 | 19,074,000 |
| Risk-weighted assets | 115,971,000 | 120,174,000 | 120,817,000 | 122,377,000 |