Call reports 2020
BANKCHEROKEE — 2020
What BANKCHEROKEE 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 | 280,073,000 | 337,455,000 | 342,943,000 | 345,787,000 |
| Total loans | 187,696,000 | 236,760,000 | 230,878,000 | 217,770,000 |
| Allowance for loan losses | 2,392,000 | 3,068,000 | 3,119,000 | 3,177,000 |
| Securities available for sale | 51,599,000 | 59,469,000 | 67,758,000 | 84,378,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,702,000 | 306,212,000 | 313,243,000 | 314,916,000 |
| Interest-bearing deposits | 171,114,000 | 195,258,000 | 202,220,000 | 208,477,000 |
| Noninterest-bearing deposits | 80,588,000 | 110,954,000 | 111,023,000 | 106,439,000 |
| Equity capital | 25,705,000 | 26,875,000 | 27,607,000 | 28,585,000 |
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 | 2,645,000 | 5,436,000 | 8,193,000 | 11,346,000 |
| Interest expense | 123,000 | 209,000 | 286,000 | 346,000 |
| Net interest income | 2,522,000 | 5,227,000 | 7,907,000 | 11,000,000 |
| Noninterest income | 1,192,000 | 2,198,000 | 2,608,000 | 3,085,000 |
| Noninterest expense | 2,544,000 | 4,622,000 | 6,671,000 | 8,873,000 |
| Provision for loan losses | 50,000 | 730,000 | 776,000 | 821,000 |
| Pretax income | 1,120,000 | 2,073,000 | 3,068,000 | 4,391,000 |
| Income tax | 308,000 | 275,000 | 549,000 | 851,000 |
| Net income | 812,000 | 1,798,000 | 2,519,000 | 3,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,621,000 | 25,607,000 | 26,328,000 | 27,349,000 |
| Total capital | 26,964,000 | 27,946,000 | 28,560,000 | 29,669,000 |
| Risk-weighted assets | 187,429,000 | 186,374,000 | 177,660,000 | 184,739,000 |