Call reports 2005
FIRST CHEROKEE STATE BANK — 2005
What FIRST CHEROKEE STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 295,504,000 | 297,775,000 | 315,979,000 | 323,521,000 |
| Total loans | 239,644,000 | 248,269,000 | 262,823,000 | 257,710,000 |
| Allowance for loan losses | 2,877,000 | 2,974,000 | 3,089,000 | 3,133,000 |
| Securities available for sale | 21,646,000 | 21,068,000 | 20,156,000 | 19,157,000 |
| Securities held to maturity | 3,242,000 | 3,242,000 | 3,241,000 | 3,241,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 254,320,000 | 240,260,000 | 257,159,000 | 262,872,000 |
| Interest-bearing deposits | 220,674,000 | 205,399,000 | 218,530,000 | 224,456,000 |
| Noninterest-bearing deposits | 33,646,000 | 34,861,000 | 38,629,000 | 38,416,000 |
| Equity capital | 23,141,000 | 24,118,000 | 24,919,000 | 26,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,234,000 | 8,866,000 | 13,816,000 | 19,218,000 |
| Interest expense | 1,268,000 | 2,712,000 | 4,369,000 | 6,254,000 |
| Net interest income | 2,966,000 | 6,154,000 | 9,447,000 | 12,964,000 |
| Noninterest income | 593,000 | 1,208,000 | 2,026,000 | 2,967,000 |
| Noninterest expense | 2,325,000 | 4,630,000 | 7,313,000 | 10,035,000 |
| Provision for loan losses | 205,000 | 335,000 | 470,000 | 530,000 |
| Pretax income | 1,029,000 | 2,397,000 | 3,690,000 | 5,366,000 |
| Income tax | -17,000 | -25,000 | -25,000 | -25,000 |
| Net income | 1,046,000 | 2,422,000 | 3,715,000 | 5,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,589,000 | 24,350,000 | 25,271,000 | 26,778,000 |
| Total capital | 26,466,000 | 27,324,000 | 28,360,000 | 29,911,000 |
| Risk-weighted assets | 257,429,000 | 259,841,000 | 276,775,000 | 273,534,000 |