Call reports 2022
CHEROKEE STATE BANK — 2022
What CHEROKEE STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 243,019,000 | 234,723,000 | 239,893,000 | 245,352,000 |
| Total loans | 134,622,000 | 130,524,000 | 134,443,000 | 143,856,000 |
| Allowance for loan losses | 2,232,000 | 2,232,000 | 2,232,000 | 2,299,000 |
| Securities available for sale | 93,214,000 | 88,351,000 | 84,319,000 | 85,698,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,037,000 | 195,926,000 | 204,984,000 | 205,132,000 |
| Interest-bearing deposits | 168,258,000 | 165,593,000 | 174,389,000 | 171,893,000 |
| Noninterest-bearing deposits | 29,779,000 | 30,333,000 | 30,595,000 | 33,239,000 |
| Equity capital | 26,209,000 | 22,524,000 | 19,999,000 | 21,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,988,000 | 4,156,000 | 6,160,000 | 8,282,000 |
| Interest expense | 120,000 | 247,000 | 450,000 | 803,000 |
| Net interest income | 1,868,000 | 3,909,000 | 5,710,000 | 7,479,000 |
| Noninterest income | 185,000 | 583,000 | 815,000 | 1,246,000 |
| Noninterest expense | 1,158,000 | 2,331,000 | 3,491,000 | 4,887,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 902,000 | 2,168,000 | 3,041,000 | 3,845,000 |
| Income tax | 208,000 | 514,000 | 716,000 | 790,000 |
| Net income | 694,000 | 1,654,000 | 2,325,000 | 3,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,847,000 | 31,400,000 | 31,880,000 | 31,871,000 |