Call reports 2009
SHERWOOD STATE BANK, THE — 2009
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 48,006,000 | 47,059,000 | 46,197,000 | 45,517,000 |
| Total loans | 33,661,000 | 32,431,000 | 32,780,000 | 32,640,000 |
| Allowance for loan losses | 367,000 | 387,000 | 425,000 | 454,000 |
| Securities available for sale | 9,246,000 | 9,740,000 | 10,209,000 | 9,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,843,000 | 38,095,000 | 36,753,000 | 37,222,000 |
| Interest-bearing deposits | 34,731,000 | 34,139,000 | 32,625,000 | 33,211,000 |
| Noninterest-bearing deposits | 4,112,000 | 3,956,000 | 4,128,000 | 4,011,000 |
| Equity capital | 3,734,000 | 3,767,000 | 3,991,000 | 4,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 728,000 | 1,440,000 | 2,141,000 | 2,842,000 |
| Interest expense | 261,000 | 493,000 | 712,000 | 903,000 |
| Net interest income | 467,000 | 947,000 | 1,429,000 | 1,939,000 |
| Noninterest income | 43,000 | 100,000 | 153,000 | 200,000 |
| Noninterest expense | 386,000 | 776,000 | 1,176,000 | 1,587,000 |
| Provision for loan losses | 60,000 | 130,000 | 215,000 | 285,000 |
| Pretax income | 64,000 | 146,000 | 196,000 | 275,000 |
| Income tax | 5,000 | 12,000 | 14,000 | 34,000 |
| Net income | 59,000 | 134,000 | 182,000 | 241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,666,000 | 3,741,000 | 3,789,000 | 4,248,000 |
| Total capital | 4,033,000 | 4,128,000 | 4,214,000 | 4,671,000 |
| Risk-weighted assets | 34,004,000 | 33,020,000 | 33,300,000 | 33,083,000 |