Call reports 2019
SHERWOOD STATE BANK, THE — 2019
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 69,486,000 | 70,629,000 | 72,887,000 | 73,407,000 |
| Total loans | 48,804,000 | 50,404,000 | 52,645,000 | 52,901,000 |
| Allowance for loan losses | 502,000 | 494,000 | 469,000 | 532,000 |
| Securities available for sale | 14,347,000 | 14,155,000 | 12,379,000 | 11,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,395,000 | 56,953,000 | 60,002,000 | 60,499,000 |
| Interest-bearing deposits | 45,481,000 | 45,470,000 | 48,238,000 | 47,944,000 |
| Noninterest-bearing deposits | 11,914,000 | 11,483,000 | 11,764,000 | 12,555,000 |
| Equity capital | 7,450,000 | 7,816,000 | 7,919,000 | 8,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 796,000 | 1,653,000 | 2,525,000 | 3,387,000 |
| Interest expense | 113,000 | 242,000 | 379,000 | 525,000 |
| Net interest income | 683,000 | 1,411,000 | 2,146,000 | 2,862,000 |
| Noninterest income | 95,000 | 206,000 | 319,000 | 430,000 |
| Noninterest expense | 698,000 | 1,292,000 | 1,984,000 | 2,586,000 |
| Provision for loan losses | 26,000 | 73,000 | 106,000 | 164,000 |
| Pretax income | 54,000 | 252,000 | 386,000 | 553,000 |
| Income tax | 2,000 | 35,000 | 56,000 | 85,000 |
| Net income | 52,000 | 217,000 | 330,000 | 468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,666,000 | 7,832,000 | 7,889,000 | 8,027,000 |
| Total capital | 8,168,000 | 8,326,000 | 8,358,000 | 8,559,000 |
| Risk-weighted assets | 48,219,000 | 49,260,000 | 49,617,000 | 48,614,000 |