Call reports 2016
STATE BANK OF CHERRY — 2016
What STATE BANK OF CHERRY 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 | 82,855,000 | 85,400,000 | 85,658,000 | 87,273,000 |
| Total loans | 35,236,000 | 36,498,000 | 38,194,000 | 41,002,000 |
| Allowance for loan losses | 447,000 | 455,000 | 444,000 | 452,000 |
| Securities available for sale | 32,591,000 | 32,687,000 | 26,725,000 | 25,646,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,589,000 | 73,839,000 | 74,191,000 | 76,224,000 |
| Interest-bearing deposits | 61,941,000 | 62,151,000 | 61,352,000 | 61,249,000 |
| Noninterest-bearing deposits | 9,648,000 | 11,688,000 | 12,839,000 | 14,975,000 |
| Equity capital | 11,183,000 | 11,399,000 | 11,329,000 | 10,953,000 |
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 | 584,000 | 1,190,000 | 1,802,000 | 2,415,000 |
| Interest expense | 60,000 | 120,000 | 179,000 | 236,000 |
| Net interest income | 524,000 | 1,070,000 | 1,623,000 | 2,179,000 |
| Noninterest income | 29,000 | 52,000 | 81,000 | 102,000 |
| Noninterest expense | 328,000 | 652,000 | 1,007,000 | 1,383,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 222,000 | 461,000 | 761,000 | 955,000 |
| Income tax | 4,000 | 6,000 | 8,000 | 11,000 |
| Net income | 218,000 | 455,000 | 753,000 | 944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,650,000 | 10,761,000 | 10,900,000 | 10,921,000 |
| Total capital | 11,097,000 | 11,216,000 | 11,344,000 | 11,371,000 |
| Risk-weighted assets | 35,999,000 | 37,667,000 | 39,217,000 | 41,612,000 |