Call reports 2018
SHERWOOD STATE BANK, THE — 2018
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 64,790,000 | 65,381,000 | 66,469,000 | 69,445,000 |
| Total loans | 40,556,000 | 43,480,000 | 45,105,000 | 48,112,000 |
| Allowance for loan losses | 402,000 | 456,000 | 478,000 | 473,000 |
| Securities available for sale | 16,023,000 | 15,443,000 | 14,808,000 | 14,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,223,000 | 54,056,000 | 56,394,000 | 55,307,000 |
| Interest-bearing deposits | 44,718,000 | 42,340,000 | 44,329,000 | 43,770,000 |
| Noninterest-bearing deposits | 10,505,000 | 11,716,000 | 12,065,000 | 11,537,000 |
| Equity capital | 6,906,000 | 6,958,000 | 6,915,000 | 7,307,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 695,000 | 1,420,000 | 2,160,000 | 2,983,000 |
| Interest expense | 72,000 | 147,000 | 232,000 | 326,000 |
| Net interest income | 623,000 | 1,273,000 | 1,928,000 | 2,657,000 |
| Noninterest income | 102,000 | 201,000 | 302,000 | 402,000 |
| Noninterest expense | 644,000 | 1,250,000 | 1,914,000 | 2,516,000 |
| Provision for loan losses | 8,000 | 70,000 | 97,000 | 99,000 |
| Pretax income | 73,000 | 154,000 | 219,000 | 444,000 |
| Income tax | 6,000 | 14,000 | 18,000 | 56,000 |
| Net income | 67,000 | 140,000 | 201,000 | 388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,405,000 | 7,479,000 | 7,498,000 | 7,685,000 |
| Total capital | 7,807,000 | 7,935,000 | 7,976,000 | 8,158,000 |
| Risk-weighted assets | 42,112,000 | 43,554,000 | 44,623,000 | 47,200,000 |