Call reports 2005
FIRST NATIONAL BANK OF CHELSEA — 2005
What FIRST NATIONAL BANK OF CHELSEA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 21,645,000 | 21,684,000 | 21,082,000 | 20,722,000 |
| Total loans | 9,804,000 | 9,901,000 | 9,400,000 | 9,390,000 |
| Allowance for loan losses | 294,000 | 291,000 | 274,000 | 263,000 |
| Securities available for sale | 1,945,000 | 1,872,000 | 9,256,000 | 9,138,000 |
| Securities held to maturity | 7,766,000 | 8,153,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,538,000 | 19,516,000 | 18,967,000 | 18,634,000 |
| Interest-bearing deposits | 16,285,000 | 16,323,000 | 15,363,000 | 14,841,000 |
| Noninterest-bearing deposits | 3,253,000 | 3,193,000 | 3,603,000 | 3,793,000 |
| Equity capital | 2,083,000 | 2,141,000 | 2,087,000 | 2,065,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 286,000 | 577,000 | 868,000 | 1,165,000 |
| Interest expense | 66,000 | 135,000 | 209,000 | 284,000 |
| Net interest income | 220,000 | 442,000 | 659,000 | 881,000 |
| Noninterest income | 101,000 | 211,000 | 322,000 | 420,000 |
| Noninterest expense | 298,000 | 593,000 | 874,000 | 1,187,000 |
| Provision for loan losses | 4,000 | 4,000 | 4,000 | 4,000 |
| Pretax income | 19,000 | 56,000 | 103,000 | 110,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 19,000 | 56,000 | 103,000 | 110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,110,000 | 2,141,000 | 2,194,000 | 2,201,000 |
| Total capital | 2,247,000 | 2,278,000 | 2,326,000 | 2,293,000 |
| Risk-weighted assets | 10,847,000 | 10,831,000 | 10,386,000 | 10,315,000 |