Call reports 2019
CHEROKEE STATE BANK — 2019
What CHEROKEE STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 231,679,000 | 228,600,000 | 228,718,000 | 221,540,000 |
| Total loans | 157,477,000 | 154,861,000 | 150,157,000 | 150,557,000 |
| Allowance for loan losses | 1,937,000 | 1,935,000 | 1,935,000 | 1,724,000 |
| Securities available for sale | 67,991,000 | 67,669,000 | 66,263,000 | 62,200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,634,000 | 176,767,000 | 183,121,000 | 178,266,000 |
| Interest-bearing deposits | 169,954,000 | 160,411,000 | 166,696,000 | 155,305,000 |
| Noninterest-bearing deposits | 16,680,000 | 16,356,000 | 16,425,000 | 22,961,000 |
| Equity capital | 25,753,000 | 27,034,000 | 27,569,000 | 27,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,397,000 | 4,838,000 | 7,268,000 | 9,619,000 |
| Interest expense | 562,000 | 1,182,000 | 1,778,000 | 2,329,000 |
| Net interest income | 1,835,000 | 3,656,000 | 5,490,000 | 7,290,000 |
| Noninterest income | 255,000 | 485,000 | 632,000 | 900,000 |
| Noninterest expense | 1,072,000 | 2,170,000 | 3,282,000 | 4,483,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,018,000 | 1,975,000 | 2,845,000 | 3,714,000 |
| Income tax | 205,000 | 396,000 | 571,000 | 661,000 |
| Net income | 813,000 | 1,579,000 | 2,274,000 | 3,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,114,000 | 26,559,000 | 26,933,000 | 26,989,000 |
| Total capital | 28,051,000 | 28,494,000 | 28,868,000 | 28,713,000 |
| Risk-weighted assets | 184,524,000 | 171,720,000 | 167,565,000 | 164,530,000 |