Call reports 2007
SHERWOOD STATE BANK, THE — 2007
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 41,544,000 | 40,861,000 | 42,244,000 | 42,534,000 |
| Total loans | 28,893,000 | 29,072,000 | 30,305,000 | 30,603,000 |
| Allowance for loan losses | 166,000 | 173,000 | 174,000 | 185,000 |
| Securities available for sale | 9,011,000 | 8,523,000 | 8,659,000 | 8,900,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,659,000 | 31,815,000 | 33,069,000 | 32,140,000 |
| Interest-bearing deposits | 28,450,000 | 28,810,000 | 29,817,000 | 28,319,000 |
| Noninterest-bearing deposits | 4,209,000 | 3,005,000 | 3,252,000 | 3,821,000 |
| Equity capital | 3,163,000 | 3,068,000 | 3,211,000 | 3,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 691,000 | 1,413,000 | 2,141,000 | 2,885,000 |
| Interest expense | 309,000 | 641,000 | 983,000 | 1,323,000 |
| Net interest income | 382,000 | 772,000 | 1,158,000 | 1,562,000 |
| Noninterest income | 37,000 | 85,000 | 133,000 | 177,000 |
| Noninterest expense | 380,000 | 762,000 | 1,118,000 | 1,495,000 |
| Provision for loan losses | 22,000 | 22,000 | 22,000 | 32,000 |
| Pretax income | 17,000 | 73,000 | 151,000 | 212,000 |
| Income tax | -1,000 | 10,000 | 28,000 | 30,000 |
| Net income | 18,000 | 63,000 | 123,000 | 182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,221,000 | 3,210,000 | 3,270,000 | 3,274,000 |
| Total capital | 3,687,000 | 3,683,000 | 3,744,000 | 3,758,000 |
| Risk-weighted assets | 31,410,000 | 31,601,000 | 33,383,000 | 33,852,000 |