Call reports 2021
STATE BANK OF CHERRY — 2021
What STATE BANK OF CHERRY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 111,082,000 | 114,360,000 | 117,070,000 | 117,635,000 |
| Total loans | 81,934,000 | 93,674,000 | 91,511,000 | 96,935,000 |
| Allowance for loan losses | 1,111,000 | 1,162,000 | 1,218,000 | 1,279,000 |
| Securities available for sale | 14,642,000 | 14,662,000 | 14,641,000 | 14,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,508,000 | 99,550,000 | 102,106,000 | 102,842,000 |
| Interest-bearing deposits | 77,243,000 | 79,264,000 | 80,038,000 | 79,898,000 |
| Noninterest-bearing deposits | 19,265,000 | 20,286,000 | 22,068,000 | 22,944,000 |
| Equity capital | 13,579,000 | 13,775,000 | 13,833,000 | 13,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,170,000 | 2,212,000 | 3,177,000 | 4,166,000 |
| Interest expense | 125,000 | 251,000 | 375,000 | 492,000 |
| Net interest income | 1,045,000 | 1,961,000 | 2,802,000 | 3,674,000 |
| Noninterest income | 44,000 | 84,000 | 135,000 | 188,000 |
| Noninterest expense | 521,000 | 1,103,000 | 1,691,000 | 2,174,000 |
| Provision for loan losses | 45,000 | 95,000 | 155,000 | 215,000 |
| Pretax income | 523,000 | 847,000 | 1,091,000 | 1,473,000 |
| Income tax | 18,000 | 24,000 | 30,000 | 117,000 |
| Net income | 505,000 | 823,000 | 1,061,000 | 1,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,896,000 | 13,054,000 | 13,115,000 | 13,121,000 |
| Total capital | — | — | 14,330,000 | — |
| Risk-weighted assets | — | — | 97,257,000 | — |