Call reports 2009
CHELSEA STATE BANK — 2009
What CHELSEA STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 220,503,000 | 223,821,000 | 217,363,000 | 216,474,000 |
| Total loans | 141,274,000 | 146,237,000 | 146,245,000 | 137,543,000 |
| Allowance for loan losses | 3,399,000 | 4,028,000 | 3,636,000 | 3,674,000 |
| Securities available for sale | 32,143,000 | 31,166,000 | 29,200,000 | 29,047,000 |
| Securities held to maturity | 15,441,000 | 16,379,000 | 16,571,000 | 16,820,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,035,000 | 194,726,000 | 188,677,000 | 188,899,000 |
| Interest-bearing deposits | 160,110,000 | 164,250,000 | 159,675,000 | 158,202,000 |
| Noninterest-bearing deposits | 30,925,000 | 30,476,000 | 29,002,000 | 30,697,000 |
| Equity capital | 22,193,000 | 21,630,000 | 22,209,000 | 22,191,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,559,000 | 5,054,000 | 7,750,000 | 10,409,000 |
| Interest expense | 673,000 | 1,314,000 | 1,944,000 | 2,482,000 |
| Net interest income | 1,886,000 | 3,740,000 | 5,806,000 | 7,927,000 |
| Noninterest income | 301,000 | 575,000 | 798,000 | 1,087,000 |
| Noninterest expense | 1,420,000 | 2,964,000 | 4,474,000 | 5,980,000 |
| Provision for loan losses | 1,390,000 | 2,130,000 | 2,380,000 | 3,155,000 |
| Pretax income | -623,000 | -778,000 | -249,000 | -120,000 |
| Income tax | 44,000 | 51,000 | 67,000 | 72,000 |
| Net income | -667,000 | -829,000 | -316,000 | -192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,590,000 | 20,989,000 | 21,501,000 | 21,626,000 |
| Total capital | 23,619,000 | 23,045,000 | 23,522,000 | 23,550,000 |
| Risk-weighted assets | 160,915,000 | 162,537,000 | 160,059,000 | 152,099,000 |