Call reports 2001
FIRST NATIONAL BANK OF CHELSEA — 2001
What FIRST NATIONAL BANK OF CHELSEA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 25,291,000 | 24,937,000 | 24,483,000 | 24,622,000 |
| Total loans | 16,254,000 | 15,910,000 | 14,917,000 | 14,284,000 |
| Allowance for loan losses | 150,000 | 150,000 | 175,000 | 190,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,994,000 | 3,095,000 | 2,947,000 | 2,948,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,613,000 | 21,519,000 | 21,716,000 | 21,972,000 |
| Interest-bearing deposits | 18,465,000 | 18,541,000 | 18,642,000 | 18,418,000 |
| Noninterest-bearing deposits | 3,148,000 | 2,978,000 | 3,074,000 | 3,554,000 |
| Equity capital | 1,624,000 | 1,664,000 | 1,632,000 | 1,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 523,000 | 1,036,000 | 1,520,000 | 1,972,000 |
| Interest expense | 246,000 | 498,000 | 733,000 | 947,000 |
| Net interest income | 277,000 | 538,000 | 787,000 | 1,025,000 |
| Noninterest income | 127,000 | 283,000 | 418,000 | 555,000 |
| Noninterest expense | 372,000 | 746,000 | 1,088,000 | 1,427,000 |
| Provision for loan losses | 10,000 | 10,000 | 84,000 | 144,000 |
| Pretax income | 22,000 | 65,000 | 33,000 | 9,000 |
| Income tax | 1,000 | 3,000 | 5,000 | 7,000 |
| Net income | 21,000 | 62,000 | 28,000 | 2,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,624,000 | 1,664,000 | 1,632,000 | 1,606,000 |
| Total capital | 1,774,000 | 1,814,000 | 1,807,000 | 1,776,000 |
| Risk-weighted assets | 15,702,000 | 15,495,000 | 13,943,000 | 13,545,000 |