Call reports 2010
SHERWOOD STATE BANK, THE — 2010
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 47,225,000 | 46,528,000 | 47,564,000 | 47,383,000 |
| Total loans | 31,978,000 | 31,352,000 | 31,261,000 | 31,124,000 |
| Allowance for loan losses | 417,000 | 499,000 | 499,000 | 496,000 |
| Securities available for sale | 9,471,000 | 10,999,000 | 10,893,000 | 12,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,757,000 | 39,047,000 | 39,918,000 | 39,074,000 |
| Interest-bearing deposits | 35,539,000 | 34,404,000 | 34,878,000 | 35,412,000 |
| Noninterest-bearing deposits | 4,218,000 | 4,643,000 | 5,040,000 | 3,662,000 |
| Equity capital | 4,406,000 | 4,484,000 | 4,612,000 | 4,440,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 642,000 | 1,306,000 | 1,970,000 | 2,631,000 |
| Interest expense | 170,000 | 333,000 | 473,000 | 609,000 |
| Net interest income | 472,000 | 973,000 | 1,497,000 | 2,022,000 |
| Noninterest income | 46,000 | 104,000 | 166,000 | 226,000 |
| Noninterest expense | 412,000 | 806,000 | 1,251,000 | 1,723,000 |
| Provision for loan losses | 68,000 | 151,000 | 255,000 | 314,000 |
| Pretax income | 38,000 | 120,000 | 157,000 | 267,000 |
| Income tax | 1,000 | 17,000 | 14,000 | 25,000 |
| Net income | 37,000 | 103,000 | 143,000 | 242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,261,000 | 4,326,000 | 4,366,000 | 4,440,000 |
| Total capital | 4,678,000 | 4,715,000 | 4,786,000 | 4,854,000 |
| Risk-weighted assets | 33,292,000 | 32,616,000 | 32,739,000 | 33,068,000 |