Call reports 2005
CHELSEA STATE BANK — 2005
What CHELSEA STATE BANK 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 | 198,339,000 | 194,800,000 | 194,434,000 | 200,816,000 |
| Total loans | 132,500,000 | 131,474,000 | 132,993,000 | 133,420,000 |
| Allowance for loan losses | 1,489,000 | 1,569,000 | 1,605,000 | 1,605,000 |
| Securities available for sale | 29,634,000 | 29,829,000 | 29,690,000 | 29,434,000 |
| Securities held to maturity | 18,861,000 | 17,696,000 | 16,599,000 | 16,407,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,626,000 | 160,030,000 | 158,952,000 | 163,976,000 |
| Interest-bearing deposits | 135,994,000 | 130,893,000 | 128,821,000 | 134,295,000 |
| Noninterest-bearing deposits | 28,632,000 | 29,137,000 | 30,131,000 | 29,681,000 |
| Equity capital | 29,991,000 | 30,192,000 | 30,375,000 | 30,173,000 |
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 | 2,648,000 | 5,396,000 | 8,195,000 | 11,086,000 |
| Interest expense | 541,000 | 1,108,000 | 1,749,000 | 2,453,000 |
| Net interest income | 2,107,000 | 4,288,000 | 6,446,000 | 8,633,000 |
| Noninterest income | 168,000 | 381,000 | 599,000 | 812,000 |
| Noninterest expense | 1,246,000 | 2,505,000 | 3,773,000 | 5,050,000 |
| Provision for loan losses | 52,000 | 112,000 | 172,000 | 212,000 |
| Pretax income | 977,000 | 2,052,000 | 3,100,000 | 4,183,000 |
| Income tax | 267,000 | 569,000 | 863,000 | 1,170,000 |
| Net income | 710,000 | 1,483,000 | 2,237,000 | 3,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,299,000 | 30,367,000 | 30,638,000 | 30,601,000 |
| Total capital | 31,788,000 | 31,936,000 | 32,243,000 | 32,206,000 |
| Risk-weighted assets | 136,598,000 | 135,997,000 | 137,297,000 | 140,000,000 |