Call reports 2016
CHEROKEE STATE BANK — 2016
What CHEROKEE STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 208,307,000 | 203,698,000 | 208,862,000 | 212,400,000 |
| Total loans | 118,447,000 | 121,685,000 | 119,921,000 | 128,473,000 |
| Allowance for loan losses | 1,441,000 | 1,428,000 | 1,428,000 | 1,447,000 |
| Securities available for sale | 80,755,000 | 75,827,000 | 78,022,000 | 71,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,526,000 | 159,307,000 | 171,272,000 | 176,555,000 |
| Interest-bearing deposits | 159,478,000 | 141,787,000 | 152,457,000 | 147,908,000 |
| Noninterest-bearing deposits | 16,048,000 | 17,520,000 | 18,815,000 | 28,647,000 |
| Equity capital | 24,209,000 | 25,092,000 | 25,259,000 | 22,538,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,980,000 | 4,007,000 | 5,947,000 | 7,872,000 |
| Interest expense | 206,000 | 411,000 | 626,000 | 849,000 |
| Net interest income | 1,774,000 | 3,596,000 | 5,321,000 | 7,023,000 |
| Noninterest income | 179,000 | 373,000 | 632,000 | 969,000 |
| Noninterest expense | 947,000 | 1,919,000 | 2,960,000 | 3,867,000 |
| Provision for loan losses | 310,000 | 310,000 | 310,000 | 610,000 |
| Pretax income | 1,147,000 | 2,247,000 | 3,207,000 | 4,084,000 |
| Income tax | 325,000 | 638,000 | 896,000 | 1,162,000 |
| Net income | 822,000 | 1,609,000 | 2,311,000 | 2,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,151,000 | 23,537,000 | 23,837,000 | 23,243,000 |
| Total capital | 24,592,000 | 24,965,000 | 25,265,000 | 24,690,000 |
| Risk-weighted assets | 149,562,000 | 145,522,000 | 144,924,000 | 161,570,000 |