Call reports 2011
SHERWOOD STATE BANK, THE — 2011
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 49,184,000 | 48,376,000 | 48,510,000 | 50,842,000 |
| Total loans | 30,691,000 | 31,632,000 | 32,370,000 | 31,562,000 |
| Allowance for loan losses | 484,000 | 465,000 | 595,000 | 523,000 |
| Securities available for sale | 11,833,000 | 12,827,000 | 11,497,000 | 13,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,771,000 | 39,873,000 | 40,749,000 | 43,036,000 |
| Interest-bearing deposits | 37,623,000 | 36,401,000 | 37,272,000 | 37,489,000 |
| Noninterest-bearing deposits | 4,148,000 | 3,472,000 | 3,477,000 | 5,547,000 |
| Equity capital | 4,507,000 | 4,659,000 | 4,833,000 | 4,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 633,000 | 1,277,000 | 1,920,000 | 2,575,000 |
| Interest expense | 125,000 | 249,000 | 364,000 | 474,000 |
| Net interest income | 508,000 | 1,028,000 | 1,556,000 | 2,101,000 |
| Noninterest income | 5,000 | 92,000 | 171,000 | 269,000 |
| Noninterest expense | 460,000 | 899,000 | 1,319,000 | 1,821,000 |
| Provision for loan losses | 99,000 | 235,000 | 372,000 | 406,000 |
| Pretax income | -46,000 | 24,000 | 92,000 | 273,000 |
| Income tax | -31,000 | -25,000 | -19,000 | 23,000 |
| Net income | -15,000 | 49,000 | 111,000 | 250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,425,000 | 4,489,000 | 4,551,000 | 4,690,000 |
| Total capital | 4,871,000 | 4,906,000 | 4,972,000 | 5,113,000 |
| Risk-weighted assets | 35,371,000 | 33,351,000 | 33,473,000 | 33,706,000 |