|
 |
|
|
 Charlevoix State Bank
Charlevoix State Bank
| RSSD ID 2232757 | CERTIFICATE 33926 | ABA NUMBER 72413683 |
| 111 State St |
Quarter Ended : |
2025-03-31 |
| Charlevoix, Michigan, 49720 |
Updated : |
2025-04-17 |
| www.charlevoixstatebank.com |
|
| Institution Profile |
| Year Opened : |
1994 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
7 |
Number of Employees : |
39 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 236,885 |
|
Total Interest Income | 2,481 |
| Total Liabilities | 214,604 |
|
Total NonInterest Income | 538 |
| Total Bank Equity Capital | 22,281 |
|
Total Interest Expense | 322 |
| Total Deposits | 211,837 |
|
Total NonInterest Expense | 1,584 |
| Net Loans & Leases | 121,653 |
|
Net Income | 1,113 |
| Loan Loss Allowance | 1,514 |
|
Net Charge Offs | 7 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 26,763 |
|
Total loans | 123,356 |
| Total assets for the leverage ratio | 238,055 |
|
Loans secured by real estate: | 98,864 |
| Tier 1 Leverage Ratio | 10.59 |
|
Commercial and industrial loans | 14,485 |
| Tier 1 Capital Ratio | 18.86 |
|
Loans to individuals - Credit Cards | 585 |
| Total Capital Ratio | 20.02 |
|
Loans to individuals - Other | 6,203 |
|
|
|
|
:· Charlevoix State Bank
