Call reports 2022
SHERWOOD STATE BANK, THE — 2022
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 85,249,000 | 86,427,000 | 86,050,000 | 88,375,000 |
| Total loans | 52,636,000 | 55,743,000 | 60,174,000 | 62,105,000 |
| Allowance for loan losses | 597,000 | 602,000 | 629,000 | 651,000 |
| Securities available for sale | 17,808,000 | 17,851,000 | 17,274,000 | 18,937,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,002,000 | 76,439,000 | 75,892,000 | 74,087,000 |
| Interest-bearing deposits | 55,906,000 | 56,978,000 | 55,059,000 | 53,843,000 |
| Noninterest-bearing deposits | 18,096,000 | 19,461,000 | 20,833,000 | 20,244,000 |
| Equity capital | 8,438,000 | 7,905,000 | 7,950,000 | 10,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 791,000 | 1,613,000 | 2,532,000 | 3,493,000 |
| Interest expense | 45,000 | 89,000 | 129,000 | 182,000 |
| Net interest income | 746,000 | 1,524,000 | 2,403,000 | 3,311,000 |
| Noninterest income | 95,000 | 191,000 | 292,000 | 394,000 |
| Noninterest expense | 713,000 | 1,421,000 | 2,124,000 | 2,867,000 |
| Provision for loan losses | 1,000 | 2,000 | 33,000 | 55,000 |
| Pretax income | 127,000 | 292,000 | 538,000 | 783,000 |
| Income tax | 17,000 | 40,000 | 79,000 | 117,000 |
| Net income | 110,000 | 252,000 | 459,000 | 666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,046,000 | 9,188,000 | 9,395,000 | 11,698,000 |