Call reports 2016
BANKCHEROKEE — 2016
What BANKCHEROKEE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 264,979,000 | 258,481,000 | 266,351,000 | 268,406,000 |
| Total loans | 160,099,000 | 162,245,000 | 161,108,000 | 160,760,000 |
| Allowance for loan losses | 1,973,000 | 2,062,000 | 2,058,000 | 2,092,000 |
| Securities available for sale | 69,403,000 | 70,634,000 | 69,358,000 | 71,426,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,521,000 | 229,653,000 | 237,834,000 | 240,644,000 |
| Interest-bearing deposits | 172,818,000 | 172,133,000 | 173,818,000 | 174,016,000 |
| Noninterest-bearing deposits | 63,703,000 | 57,520,000 | 64,016,000 | 66,628,000 |
| Equity capital | 20,263,000 | 20,694,000 | 20,969,000 | 20,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,116,000 | 4,152,000 | 6,328,000 | 8,381,000 |
| Interest expense | 92,000 | 177,000 | 262,000 | 346,000 |
| Net interest income | 2,024,000 | 3,975,000 | 6,066,000 | 8,035,000 |
| Noninterest income | 333,000 | 753,000 | 1,147,000 | 1,624,000 |
| Noninterest expense | 1,872,000 | 3,767,000 | 5,673,000 | 7,592,000 |
| Provision for loan losses | 91,000 | 168,000 | 200,000 | 200,000 |
| Pretax income | 394,000 | 793,000 | 1,340,000 | 1,867,000 |
| Income tax | 160,000 | 332,000 | 584,000 | 828,000 |
| Net income | 234,000 | 461,000 | 756,000 | 1,039,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,969,000 | 20,196,000 | 20,491,000 | 20,774,000 |
| Total capital | 21,942,000 | 22,228,000 | 22,535,000 | 22,852,000 |
| Risk-weighted assets | 159,965,000 | 162,601,000 | 163,487,000 | 166,239,000 |