Call reports 2023
CHARLEVOIX STATE BANK — 2023
What CHARLEVOIX STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 268,377,000 | 270,885,000 | 287,172,000 | 271,334,000 |
| Total loans | 112,820,000 | 114,667,000 | 114,559,000 | 114,317,000 |
| Allowance for loan losses | 1,653,000 | 1,632,000 | 1,632,000 | 1,562,000 |
| Securities available for sale | 136,481,000 | 126,369,000 | 123,932,000 | 120,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,331,000 | 244,468,000 | 259,962,000 | 241,751,000 |
| Interest-bearing deposits | 163,764,000 | 157,240,000 | 164,534,000 | 155,764,000 |
| Noninterest-bearing deposits | 83,567,000 | 87,228,000 | 95,428,000 | 85,987,000 |
| Equity capital | 15,708,000 | 14,925,000 | 15,245,000 | 18,042,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,261,000 | 4,532,000 | 7,005,000 | 9,616,000 |
| Interest expense | 116,000 | 443,000 | 818,000 | 1,202,000 |
| Net interest income | 2,145,000 | 4,089,000 | 6,187,000 | 8,414,000 |
| Noninterest income | 424,000 | 929,000 | 1,867,000 | 2,507,000 |
| Noninterest expense | 1,492,000 | 3,018,000 | 4,954,000 | 6,760,000 |
| Provision for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Pretax income | 1,042,000 | 1,965,000 | 3,065,000 | 4,126,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,042,000 | 1,965,000 | 3,065,000 | 4,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,615,000 | 24,912,000 | 25,213,000 | 25,213,000 |
| Total capital | 26,182,000 | 26,509,000 | 26,808,000 | 26,775,000 |
| Risk-weighted assets | 125,328,000 | 127,796,000 | 127,611,000 | 126,193,000 |