Call reports 2007
CHELSEA STATE BANK — 2007
What CHELSEA STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 208,687,000 | 201,640,000 | 205,061,000 | 205,852,000 |
| Total loans | 138,536,000 | 137,146,000 | 138,028,000 | 138,179,000 |
| Allowance for loan losses | 1,863,000 | 1,908,000 | 1,932,000 | 2,014,000 |
| Securities available for sale | 31,671,000 | 30,458,000 | 30,918,000 | 26,300,000 |
| Securities held to maturity | 14,730,000 | 13,251,000 | 13,569,000 | 13,387,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,410,000 | 172,090,000 | 174,493,000 | 174,612,000 |
| Interest-bearing deposits | 140,035,000 | 142,640,000 | 145,232,000 | 145,263,000 |
| Noninterest-bearing deposits | 29,375,000 | 29,450,000 | 29,261,000 | 29,349,000 |
| Equity capital | 22,888,000 | 22,655,000 | 23,530,000 | 23,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,141,000 | 6,330,000 | 9,543,000 | 12,724,000 |
| Interest expense | 1,028,000 | 2,164,000 | 3,387,000 | 4,520,000 |
| Net interest income | 2,113,000 | 4,166,000 | 6,156,000 | 8,204,000 |
| Noninterest income | 221,000 | 448,000 | 686,000 | 922,000 |
| Noninterest expense | 1,321,000 | 2,700,000 | 4,091,000 | 5,471,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 260,000 |
| Pretax income | 953,000 | 1,794,000 | 2,571,000 | 3,395,000 |
| Income tax | 266,000 | 493,000 | 698,000 | 894,000 |
| Net income | 687,000 | 1,301,000 | 1,873,000 | 2,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,101,000 | 22,989,000 | 23,561,000 | 23,432,000 |
| Total capital | 24,964,000 | 24,897,000 | 25,493,000 | 25,446,000 |
| Risk-weighted assets | 150,576,000 | 160,423,000 | 161,629,000 | 162,392,000 |