Call reports 2013
SHERWOOD STATE BANK, THE — 2013
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 54,209,000 | 52,591,000 | 51,508,000 | 52,398,000 |
| Total loans | 34,539,000 | 35,437,000 | 35,238,000 | 36,242,000 |
| Allowance for loan losses | 436,000 | 404,000 | 397,000 | 407,000 |
| Securities available for sale | 12,925,000 | 12,467,000 | 12,420,000 | 11,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,632,000 | 45,727,000 | 44,840,000 | 44,689,000 |
| Interest-bearing deposits | 39,784,000 | 39,473,000 | 38,890,000 | 38,515,000 |
| Noninterest-bearing deposits | 6,848,000 | 6,254,000 | 5,950,000 | 6,174,000 |
| Equity capital | 5,329,000 | 5,246,000 | 5,352,000 | 5,456,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 652,000 | 1,325,000 | 1,973,000 | 2,633,000 |
| Interest expense | 79,000 | 156,000 | 223,000 | 286,000 |
| Net interest income | 573,000 | 1,169,000 | 1,750,000 | 2,347,000 |
| Noninterest income | 66,000 | 152,000 | 234,000 | 310,000 |
| Noninterest expense | 474,000 | 991,000 | 1,447,000 | 1,975,000 |
| Provision for loan losses | 19,000 | 46,000 | 47,000 | 80,000 |
| Pretax income | 146,000 | 284,000 | 490,000 | 608,000 |
| Income tax | 33,000 | 62,000 | 114,000 | 127,000 |
| Net income | 113,000 | 222,000 | 376,000 | 481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,105,000 | 5,214,000 | 5,345,000 | 5,450,000 |
| Total capital | 5,541,000 | 5,618,000 | 5,741,000 | 5,857,000 |
| Risk-weighted assets | 36,416,000 | 36,251,000 | 35,165,000 | 36,325,000 |