Call reports 2023
SHERWOOD COMMUNITY BANK — 2023
What SHERWOOD COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 72,505,000 | 73,538,000 | 76,032,000 | 80,126,000 |
| Total loans | 40,853,000 | 44,519,000 | 47,660,000 | 50,440,000 |
| Allowance for loan losses | 415,000 | 423,000 | 429,000 | 433,000 |
| Securities available for sale | 20,727,000 | 20,483,000 | 20,107,000 | 20,740,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,364,000 | 61,950,000 | 62,088,000 | 61,003,000 |
| Interest-bearing deposits | 0 | 41,270,000 | 40,405,000 | 40,615,000 |
| Noninterest-bearing deposits | 63,364,000 | 20,680,000 | 21,683,000 | 20,388,000 |
| Equity capital | 3,563,000 | 3,547,000 | 3,382,000 | 3,998,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 714,000 | 1,484,000 | 2,361,000 | 3,287,000 |
| Interest expense | 87,000 | 215,000 | 443,000 | 767,000 |
| Net interest income | 627,000 | 1,269,000 | 1,918,000 | 2,520,000 |
| Noninterest income | 67,000 | 139,000 | 194,000 | 252,000 |
| Noninterest expense | 608,000 | 1,150,000 | 1,706,000 | 2,322,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 12,000 | 128,000 | 270,000 | 308,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 12,000 | 128,000 | 270,000 | 308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,707,000 | 5,823,000 | 5,965,000 | 5,852,000 |
| Total capital | 6,122,000 | 6,246,000 | 6,394,000 | 6,285,000 |
| Risk-weighted assets | 46,768,000 | 45,851,000 | 44,460,000 | 43,290,000 |