Call reports 2008
CHEMICAL BANK — 2008
What CHEMICAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 3,792,605,000 | 3,730,581,000 | 3,780,236,000 | 3,866,622,000 |
| Total loans | 2,795,786,000 | 2,858,032,000 | 2,939,232,000 | 2,990,140,000 |
| Allowance for loan losses | 39,662,000 | 39,664,000 | 46,412,000 | 57,056,000 |
| Securities available for sale | 490,950,000 | 477,908,000 | 455,158,000 | 449,947,000 |
| Securities held to maturity | 88,157,000 | 111,579,000 | 111,261,000 | 97,511,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,952,643,000 | 2,887,211,000 | 2,944,130,000 | 2,979,052,000 |
| Interest-bearing deposits | 2,613,506,000 | 2,803,464,000 | 2,833,010,000 | 2,852,147,000 |
| Noninterest-bearing deposits | 339,137,000 | 83,747,000 | 111,120,000 | 126,905,000 |
| Equity capital | 503,291,000 | 502,956,000 | 492,808,000 | 448,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 53,437,000 | 104,945,000 | 156,633,000 | 208,336,000 |
| Interest expense | 19,077,000 | 34,967,000 | 49,950,000 | 63,143,000 |
| Net interest income | 34,360,000 | 69,978,000 | 106,683,000 | 145,193,000 |
| Noninterest income | 9,322,000 | 19,794,000 | 30,571,000 | 39,360,000 |
| Noninterest expense | 26,067,000 | 52,823,000 | 78,944,000 | 106,225,000 |
| Provision for loan losses | 2,700,000 | 9,200,000 | 31,200,000 | 49,200,000 |
| Pretax income | 14,915,000 | 29,465,000 | 28,388,000 | 30,406,000 |
| Income tax | 4,924,000 | 9,643,000 | 9,006,000 | 9,092,000 |
| Net income | 9,991,000 | 19,822,000 | 19,382,000 | 21,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 428,927,000 | 432,137,000 | 424,164,000 | 391,779,000 |
| Total capital | 462,980,000 | 466,616,000 | 459,479,000 | 427,850,000 |
| Risk-weighted assets | 2,718,641,000 | 2,753,142,000 | 2,813,462,000 | 2,864,722,000 |