Call reports 2012
SHERBURNE STATE BANK — 2012
What SHERBURNE STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 74,898,000 | 77,064,000 | 76,951,000 | 81,787,000 |
| Total loans | 42,607,000 | 43,040,000 | 41,599,000 | 39,908,000 |
| Allowance for loan losses | 318,000 | 481,000 | 449,000 | 473,000 |
| Securities available for sale | 10,981,000 | 13,495,000 | 16,679,000 | 18,224,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,975,000 | 69,280,000 | 68,689,000 | 73,358,000 |
| Interest-bearing deposits | 48,164,000 | 49,136,000 | 48,690,000 | 51,276,000 |
| Noninterest-bearing deposits | 18,811,000 | 20,143,000 | 19,999,000 | 22,082,000 |
| Equity capital | 7,758,000 | 7,659,000 | 8,036,000 | 8,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,024,000 | 1,805,000 | 2,794,000 | 3,878,000 |
| Interest expense | 49,000 | 116,000 | 177,000 | 236,000 |
| Net interest income | 975,000 | 1,689,000 | 2,617,000 | 3,642,000 |
| Noninterest income | 64,000 | 184,000 | 339,000 | 504,000 |
| Noninterest expense | 735,000 | 1,542,000 | 2,332,000 | 3,103,000 |
| Provision for loan losses | 1,000 | 164,000 | 195,000 | 226,000 |
| Pretax income | 303,000 | 167,000 | 429,000 | 817,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 303,000 | 167,000 | 429,000 | 817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,432,000 | 7,320,000 | 7,599,000 | 8,009,000 |
| Total capital | 7,750,000 | 7,801,000 | 8,048,000 | 8,482,000 |
| Risk-weighted assets | 52,376,000 | 52,649,000 | 52,307,000 | 50,882,000 |