Call reports 2006
SHERWOOD STATE BANK, THE — 2006
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 39,455,000 | 38,948,000 | 39,360,000 | 40,396,000 |
| Total loans | 27,899,000 | 28,081,000 | 28,786,000 | 27,770,000 |
| Allowance for loan losses | 271,000 | 240,000 | 204,000 | 199,000 |
| Securities available for sale | 7,651,000 | 8,314,000 | 8,041,000 | 8,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,991,000 | 29,772,000 | 30,263,000 | 31,475,000 |
| Interest-bearing deposits | 27,286,000 | 26,306,000 | 27,222,000 | 28,174,000 |
| Noninterest-bearing deposits | 3,705,000 | 3,466,000 | 3,041,000 | 3,301,000 |
| Equity capital | 3,058,000 | 2,965,000 | 3,072,000 | 3,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 596,000 | 1,250,000 | 1,913,000 | 2,603,000 |
| Interest expense | 231,000 | 475,000 | 747,000 | 1,046,000 |
| Net interest income | 365,000 | 775,000 | 1,166,000 | 1,557,000 |
| Noninterest income | 42,000 | 90,000 | 134,000 | 175,000 |
| Noninterest expense | 370,000 | 763,000 | 1,153,000 | 1,485,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 35,000 | 100,000 | 145,000 | 245,000 |
| Income tax | 7,000 | 24,000 | 34,000 | 48,000 |
| Net income | 28,000 | 76,000 | 111,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,163,000 | 3,136,000 | 3,171,000 | 3,202,000 |
| Total capital | 3,734,000 | 3,676,000 | 3,675,000 | 3,701,000 |
| Risk-weighted assets | 28,994,000 | 29,297,000 | 29,859,000 | 29,572,000 |