Call reports 2017
CHEROKEE STATE BANK — 2017
What CHEROKEE STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 214,460,000 | 210,312,000 | 215,255,000 | 217,460,000 |
| Total loans | 130,359,000 | 136,193,000 | 134,689,000 | 138,253,000 |
| Allowance for loan losses | 1,660,000 | 2,095,000 | 2,168,000 | 1,844,000 |
| Securities available for sale | 71,576,000 | 68,991,000 | 69,097,000 | 71,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,894,000 | 171,640,000 | 173,531,000 | 172,003,000 |
| Interest-bearing deposits | 161,079,000 | 155,022,000 | 155,296,000 | 152,284,000 |
| Noninterest-bearing deposits | 15,815,000 | 16,618,000 | 18,235,000 | 19,719,000 |
| Equity capital | 23,182,000 | 24,094,000 | 24,382,000 | 23,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,966,000 | 4,057,000 | 6,162,000 | 8,288,000 |
| Interest expense | 235,000 | 502,000 | 776,000 | 1,065,000 |
| Net interest income | 1,731,000 | 3,555,000 | 5,386,000 | 7,223,000 |
| Noninterest income | 198,000 | 438,000 | 630,000 | 1,057,000 |
| Noninterest expense | 1,021,000 | 2,053,000 | 3,018,000 | 4,041,000 |
| Provision for loan losses | 213,000 | 648,000 | 722,000 | 798,000 |
| Pretax income | 695,000 | 1,439,000 | 2,514,000 | 3,684,000 |
| Income tax | 157,000 | 336,000 | 646,000 | 956,000 |
| Net income | 538,000 | 1,103,000 | 1,868,000 | 2,728,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,541,000 | 23,865,000 | 24,388,000 | 24,204,000 |
| Total capital | 25,201,000 | 25,916,000 | 26,280,000 | 26,057,000 |
| Risk-weighted assets | 147,400,000 | 164,042,000 | 151,139,000 | 154,093,000 |