Call reports 2021
CHARLEVOIX STATE BANK — 2021
What CHARLEVOIX STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 275,784,000 | 287,119,000 | 316,378,000 | 312,876,000 |
| Total loans | 126,855,000 | 121,420,000 | 118,445,000 | 114,582,000 |
| Allowance for loan losses | 2,043,000 | 1,650,000 | 1,649,000 | 1,653,000 |
| Securities available for sale | 88,834,000 | 110,537,000 | 133,418,000 | 142,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,277,000 | 264,042,000 | 293,025,000 | 289,730,000 |
| Interest-bearing deposits | 170,423,000 | 169,504,000 | 185,133,000 | 190,682,000 |
| Noninterest-bearing deposits | 82,854,000 | 94,538,000 | 107,892,000 | 99,048,000 |
| Equity capital | 21,862,000 | 22,266,000 | 22,468,000 | 21,922,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,054,000 | 4,320,000 | 6,023,000 | 7,736,000 |
| Interest expense | 93,000 | 182,000 | 267,000 | 340,000 |
| Net interest income | 1,961,000 | 4,138,000 | 5,756,000 | 7,396,000 |
| Noninterest income | 718,000 | 1,399,000 | 2,389,000 | 3,081,000 |
| Noninterest expense | 1,398,000 | 2,833,000 | 4,673,000 | 6,382,000 |
| Provision for loan losses | 0 | -392,000 | -392,000 | -392,000 |
| Pretax income | 1,281,000 | 3,099,000 | 3,867,000 | 4,490,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,281,000 | 3,099,000 | 3,867,000 | 4,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,552,000 | 22,021,000 | 22,340,000 | 23,113,000 |
| Total capital | 23,081,000 | 23,598,000 | 23,932,000 | 24,696,000 |
| Risk-weighted assets | 121,855,000 | 125,989,000 | 127,357,000 | 126,622,000 |