Call reports 2018
STATE BANK OF CHERRY — 2018
What STATE BANK OF CHERRY 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 | 85,908,000 | 87,573,000 | 85,234,000 | 85,432,000 |
| Total loans | 50,859,000 | 52,946,000 | 54,957,000 | 58,092,000 |
| Allowance for loan losses | 532,000 | 567,000 | 599,000 | 626,000 |
| Securities available for sale | 22,164,000 | 20,884,000 | 17,691,000 | 16,059,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,575,000 | 76,022,000 | 73,566,000 | 73,615,000 |
| Interest-bearing deposits | 60,949,000 | 61,227,000 | 60,594,000 | 61,210,000 |
| Noninterest-bearing deposits | 13,626,000 | 14,795,000 | 12,972,000 | 12,405,000 |
| Equity capital | 11,236,000 | 11,414,000 | 11,501,000 | 11,735,000 |
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 | 759,000 | 1,572,000 | 2,422,000 | 3,283,000 |
| Interest expense | 71,000 | 147,000 | 229,000 | 321,000 |
| Net interest income | 688,000 | 1,425,000 | 2,193,000 | 2,962,000 |
| Noninterest income | 29,000 | 52,000 | 76,000 | 104,000 |
| Noninterest expense | 370,000 | 740,000 | 1,121,000 | 1,554,000 |
| Provision for loan losses | 27,000 | 60,000 | 93,000 | 126,000 |
| Pretax income | 323,000 | 677,000 | 1,052,000 | 1,377,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 320,000 | 671,000 | 1,043,000 | 1,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,616,000 | 11,809,000 | 12,023,000 | 12,020,000 |
| Total capital | 12,148,000 | 12,376,000 | 12,622,000 | 12,647,000 |
| Risk-weighted assets | 53,704,000 | 56,437,000 | 57,453,000 | 60,317,000 |