Call reports 2003
SHERWOOD STATE BANK, THE — 2003
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 30,487,000 | 32,418,000 | 32,544,000 | 33,989,000 |
| Total loans | 22,295,000 | 23,393,000 | 24,393,000 | 25,436,000 |
| Allowance for loan losses | 160,000 | 169,000 | 156,000 | 143,000 |
| Securities available for sale | 5,231,000 | 6,597,000 | 5,680,000 | 5,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,919,000 | 24,768,000 | 24,631,000 | 24,758,000 |
| Interest-bearing deposits | 20,461,000 | 21,915,000 | 21,805,000 | 21,662,000 |
| Noninterest-bearing deposits | 2,458,000 | 2,853,000 | 2,826,000 | 3,096,000 |
| Equity capital | 2,611,000 | 2,635,000 | 2,628,000 | 2,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 481,000 | 994,000 | 1,536,000 | 2,041,000 |
| Interest expense | 172,000 | 351,000 | 526,000 | 695,000 |
| Net interest income | 309,000 | 643,000 | 1,010,000 | 1,346,000 |
| Noninterest income | 36,000 | 74,000 | 112,000 | 152,000 |
| Noninterest expense | 315,000 | 652,000 | 988,000 | 1,294,000 |
| Provision for loan losses | 9,000 | 22,000 | 35,000 | 65,000 |
| Pretax income | 21,000 | 43,000 | 99,000 | 139,000 |
| Income tax | 0 | 1,000 | 7,000 | 10,000 |
| Net income | 21,000 | 42,000 | 92,000 | 129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,500,000 | 2,521,000 | 2,571,000 | 2,608,000 |
| Total capital | 3,260,000 | 3,290,000 | 3,327,000 | 3,351,000 |
| Risk-weighted assets | 22,929,000 | 23,973,000 | 24,798,000 | 25,901,000 |