Call reports 2018
CHEROKEE STATE BANK — 2018
What CHEROKEE STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 220,846,000 | 224,906,000 | 225,969,000 | 232,548,000 |
| Total loans | 144,158,000 | 149,818,000 | 149,688,000 | 157,056,000 |
| Allowance for loan losses | 1,899,000 | 1,939,000 | 2,017,000 | 1,922,000 |
| Securities available for sale | 69,797,000 | 68,802,000 | 66,688,000 | 67,684,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,932,000 | 181,459,000 | 186,952,000 | 191,686,000 |
| Interest-bearing deposits | 166,549,000 | 163,260,000 | 170,976,000 | 170,964,000 |
| Noninterest-bearing deposits | 15,383,000 | 18,199,000 | 15,976,000 | 20,722,000 |
| Equity capital | 23,374,000 | 23,717,000 | 23,457,000 | 24,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,179,000 | 4,472,000 | 6,796,000 | 9,154,000 |
| Interest expense | 330,000 | 725,000 | 1,176,000 | 1,666,000 |
| Net interest income | 1,849,000 | 3,747,000 | 5,620,000 | 7,488,000 |
| Noninterest income | 218,000 | 435,000 | 631,000 | 1,327,000 |
| Noninterest expense | 1,059,000 | 2,073,000 | 3,141,000 | 4,535,000 |
| Provision for loan losses | 55,000 | 130,000 | 220,000 | 270,000 |
| Pretax income | 953,000 | 1,979,000 | 2,890,000 | 4,025,000 |
| Income tax | 184,000 | 389,000 | 565,000 | 760,000 |
| Net income | 769,000 | 1,590,000 | 2,325,000 | 3,265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,652,000 | 25,153,000 | 25,565,000 | 25,623,000 |
| Total capital | 26,562,000 | 27,105,000 | 27,589,000 | 27,545,000 |
| Risk-weighted assets | 176,498,000 | 168,277,000 | 184,478,000 | 179,614,000 |
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