Call reports 2010
CHELSEA STATE BANK — 2010
What CHELSEA STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 221,431,000 | 224,354,000 | 220,286,000 | 222,359,000 |
| Total loans | 142,081,000 | 138,672,000 | 139,826,000 | 134,298,000 |
| Allowance for loan losses | 3,854,000 | 3,630,000 | 4,070,000 | 4,094,000 |
| Securities available for sale | 32,013,000 | 30,202,000 | 30,282,000 | 31,899,000 |
| Securities held to maturity | 17,722,000 | 17,843,000 | 18,312,000 | 18,538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,491,000 | 196,627,000 | 191,779,000 | 195,197,000 |
| Interest-bearing deposits | 158,805,000 | 156,750,000 | 153,070,000 | 155,866,000 |
| Noninterest-bearing deposits | 35,686,000 | 39,877,000 | 38,709,000 | 39,331,000 |
| Equity capital | 22,712,000 | 23,371,000 | 24,047,000 | 23,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,593,000 | 5,217,000 | 7,829,000 | 10,395,000 |
| Interest expense | 445,000 | 801,000 | 1,146,000 | 1,476,000 |
| Net interest income | 2,148,000 | 4,416,000 | 6,683,000 | 8,919,000 |
| Noninterest income | 235,000 | 501,000 | 736,000 | 1,072,000 |
| Noninterest expense | 1,500,000 | 3,059,000 | 4,687,000 | 6,410,000 |
| Provision for loan losses | 300,000 | 800,000 | 1,100,000 | 1,600,000 |
| Pretax income | 583,000 | 1,058,000 | 1,632,000 | 1,981,000 |
| Income tax | 9,000 | 27,000 | 35,000 | 61,000 |
| Net income | 574,000 | 1,031,000 | 1,597,000 | 1,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,200,000 | 22,632,000 | 23,198,000 | 22,667,000 |
| Total capital | 24,138,000 | 24,524,000 | 25,106,000 | 24,507,000 |
| Risk-weighted assets | 153,150,000 | 149,648,000 | 150,506,000 | 144,923,000 |