Call reports 2006
FIRST CHEROKEE STATE BANK — 2006
What FIRST CHEROKEE STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 321,311,000 | 315,325,000 | 325,913,000 | 333,878,000 |
| Total loans | 255,691,000 | 261,214,000 | 265,964,000 | 275,087,000 |
| Allowance for loan losses | 3,147,000 | 3,077,000 | 3,081,000 | 3,065,000 |
| Securities available for sale | 18,583,000 | 17,113,000 | 18,071,000 | 17,744,000 |
| Securities held to maturity | 3,240,000 | 3,240,000 | 3,240,000 | 3,239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,599,000 | 254,758,000 | 263,938,000 | 259,500,000 |
| Interest-bearing deposits | 224,969,000 | 216,990,000 | 222,285,000 | 211,993,000 |
| Noninterest-bearing deposits | 36,630,000 | 37,768,000 | 41,653,000 | 47,507,000 |
| Equity capital | 25,746,000 | 26,094,000 | 27,325,000 | 29,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,461,000 | 11,223,000 | 17,114,000 | 23,251,000 |
| Interest expense | 1,955,000 | 4,006,000 | 6,264,000 | 8,760,000 |
| Net interest income | 3,506,000 | 7,217,000 | 10,850,000 | 14,491,000 |
| Noninterest income | 662,000 | 1,485,000 | 2,196,000 | 3,262,000 |
| Noninterest expense | 2,603,000 | 5,268,000 | 7,752,000 | 10,376,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,565,000 | 3,434,000 | 5,294,000 | 7,377,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,565,000 | 3,434,000 | 5,294,000 | 7,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,499,000 | 27,073,000 | 28,118,000 | 29,954,000 |
| Total capital | 29,646,000 | 30,150,000 | 31,199,000 | 33,019,000 |
| Risk-weighted assets | 270,077,000 | 274,960,000 | 280,743,000 | 288,630,000 |