Call reports 2002
SHERWOOD STATE BANK, THE — 2002
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 27,084,000 | 29,049,000 | 29,225,000 | 29,093,000 |
| Total loans | 19,579,000 | 20,462,000 | 20,987,000 | 21,704,000 |
| Allowance for loan losses | 172,000 | 177,000 | 189,000 | 155,000 |
| Securities available for sale | 4,853,000 | 5,032,000 | 6,149,000 | 5,105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,441,000 | 22,064,000 | 21,002,000 | 21,523,000 |
| Interest-bearing deposits | 18,186,000 | 19,903,000 | 18,125,000 | 19,057,000 |
| Noninterest-bearing deposits | 2,255,000 | 2,161,000 | 2,877,000 | 2,466,000 |
| Equity capital | 2,406,000 | 2,471,000 | 2,580,000 | 2,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 472,000 | 956,000 | 1,461,000 | 1,952,000 |
| Interest expense | 213,000 | 412,000 | 606,000 | 787,000 |
| Net interest income | 259,000 | 544,000 | 855,000 | 1,165,000 |
| Noninterest income | 28,000 | 57,000 | 95,000 | 130,000 |
| Noninterest expense | 272,000 | 557,000 | 820,000 | 1,114,000 |
| Provision for loan losses | 6,000 | 12,000 | 25,000 | 56,000 |
| Pretax income | 9,000 | 32,000 | 105,000 | 125,000 |
| Income tax | -2,000 | -1,000 | 7,000 | 8,000 |
| Net income | 11,000 | 33,000 | 98,000 | 117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,373,000 | 2,395,000 | 2,460,000 | 2,479,000 |
| Total capital | 3,145,000 | 3,172,000 | 3,249,000 | 3,234,000 |
| Risk-weighted assets | 19,811,000 | 20,997,000 | 21,498,000 | 21,926,000 |