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Call reports 2024

SHERWOOD COMMUNITY BANK — 2024

What SHERWOOD COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/18e06cf1-22c8-49d2-a8f2-b31b6197a160/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets79,963,00077,878,00078,249,00072,363,000
Total loans50,393,00049,537,00050,014,00044,040,000
Allowance for loan losses429,000435,000434,000438,000
Securities available for sale20,250,00020,256,00020,183,00020,783,000
Securities held to maturity0000
Trading assets0000
Total deposits63,424,00062,700,00063,391,00063,760,000
Interest-bearing deposits43,448,00043,932,00044,682,00045,883,000
Noninterest-bearing deposits19,976,00018,768,00018,709,00017,877,000
Equity capital3,976,0004,120,0004,777,0004,551,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income996,0001,992,0003,017,0003,986,000
Interest expense392,000794,0001,186,0001,541,000
Net interest income604,0001,198,0001,831,0002,445,000
Noninterest income58,000120,000182,000245,000
Noninterest expense580,0001,177,0001,759,0002,386,000
Provision for loan losses6,00012,00011,00013,000
Pretax income76,000129,000236,000284,000
Income tax0000
Net income76,000129,000236,000284,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital5,929,0005,981,0006,089,0005,986,000
Total capital6,358,0006,416,0006,530,0006,431,000
Risk-weighted assets52,520,00051,933,00049,964,00044,640,000