Call reports 2015
SHERWOOD STATE BANK, THE — 2015
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 58,191,000 | 56,334,000 | 56,717,000 | 57,790,000 |
| Total loans | 38,154,000 | 38,399,000 | 37,803,000 | 36,750,000 |
| Allowance for loan losses | 372,000 | 338,000 | 334,000 | 322,000 |
| Securities available for sale | 13,707,000 | 12,755,000 | 13,536,000 | 13,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,758,000 | 49,051,000 | 49,325,000 | 50,273,000 |
| Interest-bearing deposits | 43,383,000 | 41,571,000 | 41,884,000 | 41,488,000 |
| Noninterest-bearing deposits | 7,375,000 | 7,480,000 | 7,441,000 | 8,785,000 |
| Equity capital | 6,093,000 | 6,089,000 | 6,191,000 | 6,315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 653,000 | 1,319,000 | 1,985,000 | 2,654,000 |
| Interest expense | 58,000 | 110,000 | 167,000 | 228,000 |
| Net interest income | 595,000 | 1,209,000 | 1,818,000 | 2,426,000 |
| Noninterest income | 65,000 | 137,000 | 207,000 | 285,000 |
| Noninterest expense | 518,000 | 1,067,000 | 1,585,000 | 2,128,000 |
| Provision for loan losses | 1,000 | 50,000 | 52,000 | 61,000 |
| Pretax income | 141,000 | 249,000 | 408,000 | 542,000 |
| Income tax | 31,000 | 51,000 | 88,000 | 106,000 |
| Net income | 110,000 | 198,000 | 320,000 | 436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,917,000 | 6,005,000 | 6,090,000 | 6,205,000 |
| Total capital | 6,289,000 | 6,343,000 | 6,424,000 | 6,527,000 |
| Risk-weighted assets | 35,755,000 | 35,504,000 | 35,686,000 | 35,084,000 |