Call reports 2004
SHERWOOD STATE BANK, THE — 2004
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 34,918,000 | 35,910,000 | 35,813,000 | 37,368,000 |
| Total loans | 26,671,000 | 26,830,000 | 27,175,000 | 27,567,000 |
| Allowance for loan losses | 176,000 | 206,000 | 224,000 | 237,000 |
| Securities available for sale | 5,312,000 | 6,617,000 | 6,140,000 | 7,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,708,000 | 27,564,000 | 27,528,000 | 29,110,000 |
| Interest-bearing deposits | 24,006,000 | 24,886,000 | 24,954,000 | 25,420,000 |
| Noninterest-bearing deposits | 2,702,000 | 2,678,000 | 2,574,000 | 3,690,000 |
| Equity capital | 2,720,000 | 2,625,000 | 2,665,000 | 2,699,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 533,000 | 1,065,000 | 1,602,000 | 2,166,000 |
| Interest expense | 168,000 | 345,000 | 522,000 | 702,000 |
| Net interest income | 365,000 | 720,000 | 1,080,000 | 1,464,000 |
| Noninterest income | 41,000 | 84,000 | 50,000 | 95,000 |
| Noninterest expense | 350,000 | 701,000 | 1,053,000 | 1,372,000 |
| Provision for loan losses | 50,000 | 80,000 | 107,000 | 140,000 |
| Pretax income | 34,000 | 51,000 | 0 | 77,000 |
| Income tax | 2,000 | 2,000 | -8,000 | 1,000 |
| Net income | 32,000 | 49,000 | 8,000 | 76,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,640,000 | 2,657,000 | 2,616,000 | 2,684,000 |
| Total capital | 3,416,000 | 3,463,000 | 3,440,000 | 3,521,000 |
| Risk-weighted assets | 26,437,000 | 27,038,000 | 27,470,000 | 28,274,000 |