Call reports 2004
CHELSEA STATE BANK — 2004
What CHELSEA STATE BANK 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 | 188,904,000 | 189,314,000 | 194,687,000 | 194,100,000 |
| Total loans | 110,900,000 | 117,580,000 | 124,619,000 | 128,267,000 |
| Allowance for loan losses | 1,296,000 | 1,339,000 | 1,385,000 | 1,421,000 |
| Securities available for sale | 37,776,000 | 35,671,000 | 34,293,000 | 30,091,000 |
| Securities held to maturity | 20,456,000 | 19,107,000 | 19,274,000 | 18,714,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,790,000 | 160,021,000 | 158,740,000 | 160,839,000 |
| Interest-bearing deposits | 133,511,000 | 130,959,000 | 130,291,000 | 132,997,000 |
| Noninterest-bearing deposits | 25,279,000 | 29,062,000 | 28,449,000 | 27,842,000 |
| Equity capital | 29,305,000 | 28,552,000 | 29,642,000 | 29,570,000 |
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 | 2,419,000 | 4,893,000 | 7,391,000 | 10,057,000 |
| Interest expense | 499,000 | 984,000 | 1,508,000 | 2,051,000 |
| Net interest income | 1,920,000 | 3,909,000 | 5,883,000 | 8,006,000 |
| Noninterest income | 192,000 | 403,000 | 621,000 | 836,000 |
| Noninterest expense | 1,226,000 | 2,460,000 | 3,693,000 | 4,917,000 |
| Provision for loan losses | 36,000 | 81,000 | 126,000 | 241,000 |
| Pretax income | 850,000 | 1,771,000 | 2,685,000 | 3,684,000 |
| Income tax | 216,000 | 450,000 | 690,000 | 960,000 |
| Net income | 634,000 | 1,321,000 | 1,995,000 | 2,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,811,000 | 28,858,000 | 29,532,000 | 29,588,000 |
| Total capital | 30,107,000 | 30,197,000 | 30,917,000 | 31,009,000 |
| Risk-weighted assets | 118,233,000 | 122,959,000 | 129,789,000 | 132,133,000 |