Call reports 2020
CHELSEA STATE BANK — 2020
What CHELSEA STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 354,600,000 | 362,496,000 | 373,686,000 | 379,045,000 |
| Total loans | 179,725,000 | 218,947,000 | 221,724,000 | 214,790,000 |
| Allowance for loan losses | 3,649,000 | 3,697,000 | 3,828,000 | 3,935,000 |
| Securities available for sale | 64,695,000 | 67,363,000 | 66,964,000 | 67,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,751,000 | 319,535,000 | 329,733,000 | 335,442,000 |
| Interest-bearing deposits | 229,484,000 | 210,860,000 | 216,819,000 | 213,674,000 |
| Noninterest-bearing deposits | 83,267,000 | 108,675,000 | 112,914,000 | 121,768,000 |
| Equity capital | 39,584,000 | 41,213,000 | 42,088,000 | 41,515,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,824,000 | 5,916,000 | 8,972,000 | 12,280,000 |
| Interest expense | 148,000 | 260,000 | 366,000 | 476,000 |
| Net interest income | 2,676,000 | 5,656,000 | 8,606,000 | 11,804,000 |
| Noninterest income | 213,000 | 396,000 | 601,000 | 839,000 |
| Noninterest expense | 1,923,000 | 3,694,000 | 5,545,000 | 7,644,000 |
| Provision for loan losses | 0 | 40,000 | 160,000 | 280,000 |
| Pretax income | 952,000 | 2,308,000 | 3,492,000 | 4,715,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 952,000 | 2,308,000 | 3,492,000 | 4,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,444,000 | 37,682,000 | 38,511,000 | 38,078,000 |
| Total capital | — | — | — | 40,670,000 |
| Risk-weighted assets | — | — | — | 206,059,000 |