Call reports 2017
STATE BANK OF CHERRY — 2017
What STATE BANK OF CHERRY 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 | 85,717,000 | 84,990,000 | 85,143,000 | 85,029,000 |
| Total loans | 43,201,000 | 47,909,000 | 48,686,000 | 50,605,000 |
| Allowance for loan losses | 464,000 | 480,000 | 501,000 | 501,000 |
| Securities available for sale | 24,196,000 | 23,390,000 | 23,772,000 | 23,581,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,544,000 | 73,522,000 | 73,562,000 | 73,570,000 |
| Interest-bearing deposits | 62,801,000 | 61,868,000 | 60,391,000 | 59,321,000 |
| Noninterest-bearing deposits | 11,743,000 | 11,654,000 | 13,171,000 | 14,249,000 |
| Equity capital | 11,104,000 | 11,379,000 | 11,452,000 | 11,342,000 |
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 | 629,000 | 1,328,000 | 2,054,000 | 2,812,000 |
| Interest expense | 52,000 | 115,000 | 166,000 | 243,000 |
| Net interest income | 577,000 | 1,213,000 | 1,888,000 | 2,569,000 |
| Noninterest income | 40,000 | 68,000 | 90,000 | 109,000 |
| Noninterest expense | 405,000 | 745,000 | 1,095,000 | 1,451,000 |
| Provision for loan losses | 9,000 | 21,000 | 39,000 | 57,000 |
| Pretax income | 203,000 | 536,000 | 873,000 | 1,196,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 200,000 | 530,000 | 864,000 | 1,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,943,000 | 11,115,000 | 11,292,000 | 11,454,000 |
| Total capital | 11,407,000 | 11,595,000 | 11,793,000 | 11,955,000 |
| Risk-weighted assets | 44,431,000 | 48,751,000 | 50,492,000 | 52,977,000 |