Call reports 2016
CHELSEA STATE BANK — 2016
What CHELSEA STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 292,669,000 | 268,204,000 | 265,400,000 | 277,203,000 |
| Total loans | 160,706,000 | 161,992,000 | 168,332,000 | 168,451,000 |
| Allowance for loan losses | 4,192,000 | 4,265,000 | 4,330,000 | 3,855,000 |
| Securities available for sale | 65,432,000 | 61,914,000 | 59,531,000 | 60,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,886,000 | 235,474,000 | 232,336,000 | 244,731,000 |
| Interest-bearing deposits | 200,120,000 | 173,786,000 | 172,685,000 | 174,287,000 |
| Noninterest-bearing deposits | 60,766,000 | 61,688,000 | 59,651,000 | 70,444,000 |
| Equity capital | 30,307,000 | 31,554,000 | 31,780,000 | 30,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,403,000 | 4,817,000 | 7,235,000 | 9,710,000 |
| Interest expense | 97,000 | 191,000 | 282,000 | 373,000 |
| Net interest income | 2,306,000 | 4,626,000 | 6,953,000 | 9,337,000 |
| Noninterest income | 208,000 | 466,000 | 699,000 | 1,869,000 |
| Noninterest expense | 1,779,000 | 3,444,000 | 5,071,000 | 6,889,000 |
| Provision for loan losses | 0 | 0 | 0 | -600,000 |
| Pretax income | 735,000 | 1,651,000 | 2,584,000 | 4,920,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 735,000 | 1,651,000 | 2,584,000 | 4,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,559,000 | 29,120,000 | 29,698,000 | 30,140,000 |
| Total capital | 30,757,000 | 31,309,000 | 31,949,000 | 32,368,000 |
| Risk-weighted assets | 173,829,000 | 173,070,000 | 177,964,000 | 176,538,000 |