Call reports 2014
CHELSEA STATE BANK — 2014
What CHELSEA STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 265,988,000 | 255,721,000 | 251,069,000 | 252,870,000 |
| Total loans | 156,569,000 | 154,941,000 | 149,925,000 | 146,356,000 |
| Allowance for loan losses | 4,619,000 | 4,157,000 | 4,143,000 | 4,147,000 |
| Securities available for sale | 53,532,000 | 55,867,000 | 58,025,000 | 56,458,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,885,000 | 224,062,000 | 219,894,000 | 221,752,000 |
| Interest-bearing deposits | 185,723,000 | 174,830,000 | 172,378,000 | 168,845,000 |
| Noninterest-bearing deposits | 49,162,000 | 49,231,000 | 47,516,000 | 52,907,000 |
| Equity capital | 27,764,000 | 28,543,000 | 28,872,000 | 28,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,398,000 | 4,811,000 | 7,172,000 | 9,497,000 |
| Interest expense | 160,000 | 309,000 | 455,000 | 582,000 |
| Net interest income | 2,238,000 | 4,502,000 | 6,717,000 | 8,915,000 |
| Noninterest income | 179,000 | 440,000 | 700,000 | 930,000 |
| Noninterest expense | 1,652,000 | 3,287,000 | 4,966,000 | 6,589,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 765,000 | 1,655,000 | 2,451,000 | 3,269,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 762,000 | 1,652,000 | 2,448,000 | 3,266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,727,000 | 27,232,000 | 27,662,000 | 27,626,000 |
| Total capital | 28,882,000 | 29,366,000 | 29,740,000 | 29,683,000 |
| Risk-weighted assets | 169,947,000 | 168,671,000 | 164,145,000 | 162,442,000 |