Call reports 2022
CHARLEVOIX STATE BANK — 2022
What CHARLEVOIX STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 312,588,000 | 313,828,000 | 305,916,000 | 277,065,000 |
| Total loans | 110,131,000 | 108,545,000 | 106,993,000 | 113,571,000 |
| Allowance for loan losses | 1,638,000 | 1,638,000 | 1,667,000 | 1,618,000 |
| Securities available for sale | 151,010,000 | 146,476,000 | 144,738,000 | 142,411,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,595,000 | 299,049,000 | 292,882,000 | 262,779,000 |
| Interest-bearing deposits | 199,462,000 | 201,372,000 | 188,820,000 | 173,572,000 |
| Noninterest-bearing deposits | 95,133,000 | 97,677,000 | 104,062,000 | 89,207,000 |
| Equity capital | 17,190,000 | 13,900,000 | 12,305,000 | 13,404,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,664,000 | 3,445,000 | 5,440,000 | 7,597,000 |
| Interest expense | 76,000 | 156,000 | 228,000 | 300,000 |
| Net interest income | 1,588,000 | 3,289,000 | 5,212,000 | 7,297,000 |
| Noninterest income | 478,000 | 990,000 | 1,854,000 | 2,449,000 |
| Noninterest expense | 1,467,000 | 3,005,000 | 4,845,000 | 6,487,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 599,000 | 1,275,000 | 2,222,000 | 3,260,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 599,000 | 1,275,000 | 2,222,000 | 3,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,712,000 | 23,238,000 | 23,685,000 | 24,313,000 |
| Total capital | 25,291,000 | 24,792,000 | 25,212,000 | 25,902,000 |
| Risk-weighted assets | 126,325,000 | 124,261,000 | 122,092,000 | 127,162,000 |