Call reports 2024
BANKCHEROKEE — 2024
What BANKCHEROKEE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 378,900,000 | 382,455,000 | 381,925,000 | 386,857,000 |
| Total loans | 233,983,000 | 243,324,000 | 247,164,000 | 257,821,000 |
| Allowance for loan losses | 3,270,000 | 3,300,000 | 3,321,000 | 3,330,000 |
| Securities available for sale | 109,646,000 | 108,188,000 | 102,821,000 | 100,130,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,434,000 | 336,273,000 | 335,495,000 | 336,896,000 |
| Interest-bearing deposits | 229,093,000 | 229,871,000 | 227,975,000 | 233,005,000 |
| Noninterest-bearing deposits | 112,341,000 | 106,402,000 | 107,520,000 | 103,891,000 |
| Equity capital | 25,662,000 | 26,127,000 | 28,988,000 | 28,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,839,000 | 8,026,000 | 12,398,000 | 16,871,000 |
| Interest expense | 815,000 | 1,803,000 | 2,943,000 | 3,891,000 |
| Net interest income | 3,024,000 | 6,223,000 | 9,455,000 | 12,980,000 |
| Noninterest income | 482,000 | 1,014,000 | 1,613,000 | 2,200,000 |
| Noninterest expense | 2,976,000 | 5,909,000 | 8,848,000 | 11,869,000 |
| Provision for loan losses | -46,000 | -43,000 | -31,000 | -25,000 |
| Pretax income | 353,000 | 1,121,000 | 2,013,000 | 3,089,000 |
| Income tax | 97,000 | 308,000 | 553,000 | 849,000 |
| Net income | 256,000 | 813,000 | 1,460,000 | 2,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,706,000 | 35,012,000 | 35,409,000 | 35,940,000 |
| Total capital | 37,798,000 | 38,232,000 | 38,669,000 | 39,348,000 |
| Risk-weighted assets | 247,127,000 | 257,472,000 | 260,642,000 | 272,672,000 |