Call reports 2004
FIRST CHEROKEE STATE BANK — 2004
What FIRST CHEROKEE STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 247,199,000 | 264,274,000 | 265,149,000 | 277,085,000 |
| Total loans | 177,696,000 | 206,214,000 | 209,151,000 | 222,588,000 |
| Allowance for loan losses | 2,214,000 | 2,568,000 | 2,624,000 | 2,671,000 |
| Securities available for sale | 18,574,000 | 24,223,000 | 24,272,000 | 22,691,000 |
| Securities held to maturity | 2,231,000 | 3,243,000 | 3,243,000 | 3,242,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,393,000 | 237,019,000 | 226,507,000 | 236,859,000 |
| Interest-bearing deposits | 190,907,000 | 207,689,000 | 197,865,000 | 205,413,000 |
| Noninterest-bearing deposits | 28,486,000 | 29,330,000 | 28,642,000 | 31,446,000 |
| Equity capital | 18,949,000 | 18,997,000 | 20,481,000 | 21,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,840,000 | 6,051,000 | 9,580,000 | 13,437,000 |
| Interest expense | 842,000 | 1,890,000 | 3,022,000 | 4,215,000 |
| Net interest income | 1,998,000 | 4,161,000 | 6,558,000 | 9,222,000 |
| Noninterest income | 589,000 | 794,000 | 1,390,000 | 1,872,000 |
| Noninterest expense | 2,257,000 | 4,429,000 | 6,528,000 | 8,743,000 |
| Provision for loan losses | 95,000 | 441,000 | 493,000 | 541,000 |
| Pretax income | 235,000 | 85,000 | 927,000 | 1,810,000 |
| Income tax | 863,000 | 863,000 | 863,000 | 0 |
| Net income | -628,000 | -778,000 | 64,000 | 1,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,875,000 | 19,725,000 | 20,567,000 | 21,521,000 |
| Total capital | 21,089,000 | 22,293,000 | 23,191,000 | 24,192,000 |
| Risk-weighted assets | 191,327,000 | 216,433,000 | 218,069,000 | 229,707,000 |