Call reports 2004
FIRST NATIONAL BANK OF CHELSEA — 2004
What FIRST NATIONAL BANK OF CHELSEA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 23,049,000 | 23,592,000 | 22,758,000 | 21,923,000 |
| Total loans | 10,584,000 | 10,547,000 | 10,736,000 | 10,337,000 |
| Allowance for loan losses | 304,000 | 286,000 | 299,000 | 292,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,382,000 | 9,827,000 | 9,775,000 | 9,270,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,995,000 | 21,519,000 | 20,690,000 | 19,815,000 |
| Interest-bearing deposits | 17,648,000 | 18,027,000 | 17,520,000 | 16,805,000 |
| Noninterest-bearing deposits | 3,347,000 | 3,491,000 | 3,169,000 | 3,009,000 |
| Equity capital | 2,024,000 | 2,029,000 | 2,036,000 | 2,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 300,000 | 625,000 | 941,000 | 1,248,000 |
| Interest expense | 71,000 | 141,000 | 210,000 | 278,000 |
| Net interest income | 229,000 | 484,000 | 731,000 | 970,000 |
| Noninterest income | 119,000 | 249,000 | 358,000 | 459,000 |
| Noninterest expense | 334,000 | 689,000 | 1,004,000 | 1,296,000 |
| Provision for loan losses | 0 | 26,000 | 61,000 | 61,000 |
| Pretax income | 14,000 | 18,000 | 24,000 | 72,000 |
| Income tax | 0 | -2,000 | -3,000 | -2,000 |
| Net income | 14,000 | 20,000 | 27,000 | 74,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,024,000 | 2,029,000 | 2,036,000 | 2,083,000 |
| Total capital | 2,170,000 | 2,176,000 | 2,186,000 | 2,227,000 |
| Risk-weighted assets | 11,514,000 | 11,621,000 | 11,757,000 | 11,373,000 |