Call reports 2011
CHELSEA STATE BANK — 2011
What CHELSEA STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 241,533,000 | 232,460,000 | 225,892,000 | 229,416,000 |
| Total loans | 140,186,000 | 136,238,000 | 138,307,000 | 139,494,000 |
| Allowance for loan losses | 4,262,000 | 4,263,000 | 3,996,000 | 3,829,000 |
| Securities available for sale | 36,727,000 | 34,626,000 | 36,736,000 | 54,296,000 |
| Securities held to maturity | 18,317,000 | 17,642,000 | 17,641,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,244,000 | 204,630,000 | 197,222,000 | 199,890,000 |
| Interest-bearing deposits | 179,215,000 | 166,342,000 | 152,793,000 | 153,234,000 |
| Noninterest-bearing deposits | 35,029,000 | 38,288,000 | 44,429,000 | 46,656,000 |
| Equity capital | 23,484,000 | 23,895,000 | 24,688,000 | 25,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,558,000 | 5,110,000 | 7,625,000 | 10,149,000 |
| Interest expense | 317,000 | 627,000 | 925,000 | 1,209,000 |
| Net interest income | 2,241,000 | 4,483,000 | 6,700,000 | 8,940,000 |
| Noninterest income | 285,000 | 380,000 | 1,000,000 | 1,109,000 |
| Noninterest expense | 1,723,000 | 3,789,000 | 5,615,000 | 7,208,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,300,000 |
| Pretax income | 503,000 | 484,000 | 1,195,000 | 1,551,000 |
| Income tax | 25,000 | 67,000 | 94,000 | 132,000 |
| Net income | 478,000 | 417,000 | 1,101,000 | 1,419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,145,000 | 23,084,000 | 23,769,000 | 23,658,000 |
| Total capital | 25,090,000 | 25,001,000 | 25,755,000 | 25,667,000 |
| Risk-weighted assets | 153,284,000 | 151,022,000 | 156,908,000 | 158,907,000 |