Call reports 2018
CHELSEA STATE BANK — 2018
What CHELSEA STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 302,346,000 | 293,643,000 | 299,835,000 | 299,878,000 |
| Total loans | 170,348,000 | 173,268,000 | 176,848,000 | 176,643,000 |
| Allowance for loan losses | 3,662,000 | 3,704,000 | 3,785,000 | 3,248,000 |
| Securities available for sale | 60,600,000 | 58,530,000 | 59,230,000 | 59,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,387,000 | 259,232,000 | 264,812,000 | 264,286,000 |
| Interest-bearing deposits | 195,328,000 | 184,707,000 | 187,855,000 | 174,419,000 |
| Noninterest-bearing deposits | 73,059,000 | 74,525,000 | 76,957,000 | 89,867,000 |
| Equity capital | 32,195,000 | 32,935,000 | 33,399,000 | 33,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,657,000 | 5,425,000 | 8,290,000 | 11,202,000 |
| Interest expense | 114,000 | 230,000 | 357,000 | 495,000 |
| Net interest income | 2,543,000 | 5,195,000 | 7,933,000 | 10,707,000 |
| Noninterest income | 208,000 | 635,000 | 854,000 | 1,088,000 |
| Noninterest expense | 1,695,000 | 3,436,000 | 5,163,000 | 7,134,000 |
| Provision for loan losses | 0 | 0 | 0 | -600,000 |
| Pretax income | 1,056,000 | 2,394,000 | 3,624,000 | 5,261,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,056,000 | 2,394,000 | 3,624,000 | 5,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,659,000 | 33,583,000 | 34,281,000 | 34,124,000 |
| Total capital | 34,911,000 | 35,869,000 | 36,619,000 | 36,473,000 |
| Risk-weighted assets | 178,797,000 | 181,507,000 | 185,634,000 | 187,073,000 |