Call reports 2022
STATE BANK OF CHERRY — 2022
What STATE BANK OF CHERRY 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 | 118,071,000 | 115,319,000 | 114,463,000 | 118,286,000 |
| Total loans | 93,694,000 | 94,110,000 | 98,130,000 | 101,399,000 |
| Allowance for loan losses | 1,306,000 | 1,329,000 | 1,339,000 | 1,340,000 |
| Securities available for sale | 13,058,000 | 12,556,000 | 11,476,000 | 11,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,790,000 | 101,145,000 | 100,386,000 | 102,760,000 |
| Interest-bearing deposits | 83,642,000 | 82,121,000 | 80,102,000 | 84,160,000 |
| Noninterest-bearing deposits | 20,148,000 | 19,024,000 | 20,284,000 | 18,600,000 |
| Equity capital | 13,225,000 | 13,084,000 | 12,952,000 | 13,343,000 |
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 | 944,000 | 1,955,000 | 3,012,000 | 4,145,000 |
| Interest expense | 127,000 | 251,000 | 384,000 | 558,000 |
| Net interest income | 817,000 | 1,704,000 | 2,628,000 | 3,587,000 |
| Noninterest income | 65,000 | 99,000 | 149,000 | 197,000 |
| Noninterest expense | 471,000 | 970,000 | 1,475,000 | 1,972,000 |
| Provision for loan losses | 26,000 | 51,000 | 60,000 | 60,000 |
| Pretax income | 385,000 | 782,000 | 1,211,000 | 1,721,000 |
| Income tax | 32,000 | 69,000 | 105,000 | 38,000 |
| Net income | 353,000 | 713,000 | 1,106,000 | 1,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,305,000 | 13,509,000 | 13,748,000 | 13,919,000 |