Call reports 2021
CHELSEA STATE BANK — 2021
What CHELSEA STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 429,223,000 | 410,844,000 | 405,114,000 | 438,489,000 |
| Total loans | 227,407,000 | 213,540,000 | 214,591,000 | 212,620,000 |
| Allowance for loan losses | 4,022,000 | 4,076,000 | 4,098,000 | 4,106,000 |
| Securities available for sale | 70,425,000 | 79,386,000 | 90,295,000 | 97,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 385,111,000 | 366,148,000 | 359,623,000 | 393,945,000 |
| Interest-bearing deposits | 240,167,000 | 233,544,000 | 232,660,000 | 262,461,000 |
| Noninterest-bearing deposits | 144,944,000 | 132,604,000 | 126,963,000 | 131,483,000 |
| Equity capital | 41,758,000 | 42,682,000 | 43,526,000 | 42,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,445,000 | 6,691,000 | 10,059,000 | 13,308,000 |
| Interest expense | 105,000 | 211,000 | 317,000 | 432,000 |
| Net interest income | 3,340,000 | 6,480,000 | 9,742,000 | 12,876,000 |
| Noninterest income | 313,000 | 585,000 | 890,000 | 1,216,000 |
| Noninterest expense | 1,957,000 | 3,916,000 | 5,832,000 | 7,906,000 |
| Provision for loan losses | 60,000 | 110,000 | 130,000 | 130,000 |
| Pretax income | 1,649,000 | 3,051,000 | 4,687,000 | 6,081,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,649,000 | 3,051,000 | 4,687,000 | 6,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,135,000 | 40,122,000 | 41,284,000 | 40,783,000 |
| Total capital | — | — | 44,070,000 | 43,658,000 |
| Risk-weighted assets | — | — | 221,612,000 | 228,795,000 |