Call reports 2002
CHELSEA STATE BANK — 2002
What CHELSEA STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 165,476,000 | 166,900,000 | 171,315,000 | 176,557,000 |
| Total loans | 101,746,000 | 97,115,000 | 99,747,000 | 100,007,000 |
| Allowance for loan losses | 1,246,000 | 1,260,000 | 1,277,000 | 1,324,000 |
| Securities available for sale | 23,585,000 | 27,176,000 | 29,534,000 | 33,517,000 |
| Securities held to maturity | 20,188,000 | 20,055,000 | 19,954,000 | 20,606,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,051,000 | 140,064,000 | 143,252,000 | 148,536,000 |
| Interest-bearing deposits | 115,911,000 | 114,946,000 | 116,309,000 | 123,075,000 |
| Noninterest-bearing deposits | 23,140,000 | 25,118,000 | 26,943,000 | 25,461,000 |
| Equity capital | 25,701,000 | 26,229,000 | 27,215,000 | 27,341,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,551,000 | 5,069,000 | 7,619,000 | 10,204,000 |
| Interest expense | 714,000 | 1,386,000 | 2,063,000 | 2,709,000 |
| Net interest income | 1,837,000 | 3,683,000 | 5,556,000 | 7,495,000 |
| Noninterest income | 228,000 | 442,000 | 712,000 | 1,038,000 |
| Noninterest expense | 1,112,000 | 2,201,000 | 3,307,000 | 4,505,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 102,000 |
| Pretax income | 970,000 | 1,946,000 | 2,966,000 | 3,992,000 |
| Income tax | 247,000 | 501,000 | 768,000 | 1,036,000 |
| Net income | 723,000 | 1,445,000 | 2,198,000 | 2,956,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,479,000 | 25,797,000 | 26,782,000 | 26,699,000 |
| Total capital | 26,725,000 | 27,014,000 | 28,028,000 | 27,984,000 |
| Risk-weighted assets | 100,672,000 | 97,282,000 | 99,675,000 | 102,534,000 |