Call reports 2008
CHEROKEE STATE BANK — 2008
What CHEROKEE STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 164,822,000 | 165,545,000 | 164,617,000 | 165,851,000 |
| Total loans | 98,829,000 | 101,866,000 | 100,615,000 | 101,056,000 |
| Allowance for loan losses | 808,000 | 715,000 | 733,000 | 974,000 |
| Securities available for sale | 57,298,000 | 55,569,000 | 55,019,000 | 54,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,138,000 | 120,836,000 | 121,638,000 | 131,430,000 |
| Interest-bearing deposits | 115,807,000 | 108,025,000 | 109,396,000 | 116,003,000 |
| Noninterest-bearing deposits | 13,331,000 | 12,811,000 | 12,242,000 | 15,427,000 |
| Equity capital | 17,832,000 | 17,771,000 | 17,690,000 | 16,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,419,000 | 4,780,000 | 7,119,000 | 9,406,000 |
| Interest expense | 1,170,000 | 2,173,000 | 3,115,000 | 3,984,000 |
| Net interest income | 1,249,000 | 2,607,000 | 4,004,000 | 5,422,000 |
| Noninterest income | 146,000 | 300,000 | 494,000 | 684,000 |
| Noninterest expense | 656,000 | 1,271,000 | 1,943,000 | 2,624,000 |
| Provision for loan losses | 15,000 | 30,000 | 355,000 | 870,000 |
| Pretax income | 724,000 | 1,606,000 | 2,200,000 | 2,612,000 |
| Income tax | 159,000 | 355,000 | 477,000 | 510,000 |
| Net income | 565,000 | 1,251,000 | 1,723,000 | 2,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,779,000 | 17,973,000 | 18,124,000 | 18,032,000 |
| Total capital | 18,588,000 | 18,688,000 | 18,857,000 | 19,006,000 |
| Risk-weighted assets | 114,172,000 | 117,329,000 | 116,834,000 | 117,232,000 |
Machine access — free, no API key
Every figure shown here about CHEROKEE STATE BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.