Call reports 2007
FIRST CHEROKEE STATE BANK — 2007
What FIRST CHEROKEE STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 316,850,000 | 319,439,000 | 300,838,000 | 301,192,000 |
| Total loans | 259,506,000 | 256,626,000 | 245,092,000 | 243,132,000 |
| Allowance for loan losses | 3,055,000 | 3,051,000 | 2,611,000 | 3,954,000 |
| Securities available for sale | 17,312,000 | 24,504,000 | 24,171,000 | 20,698,000 |
| Securities held to maturity | 3,239,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,437,000 | 268,211,000 | 242,916,000 | 233,172,000 |
| Interest-bearing deposits | 221,512,000 | 220,318,000 | 195,246,000 | 195,900,000 |
| Noninterest-bearing deposits | 46,925,000 | 47,893,000 | 47,670,000 | 37,272,000 |
| Equity capital | 30,982,000 | 33,126,000 | 29,874,000 | 29,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,056,000 | 11,798,000 | 17,455,000 | 22,646,000 |
| Interest expense | 2,403,000 | 4,739,000 | 7,068,000 | 9,398,000 |
| Net interest income | 3,653,000 | 7,059,000 | 10,387,000 | 13,248,000 |
| Noninterest income | 679,000 | 2,448,000 | 3,366,000 | 3,585,000 |
| Noninterest expense | 2,725,000 | 5,303,000 | 8,178,000 | 10,609,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 1,630,000 |
| Pretax income | 1,607,000 | 4,204,000 | 5,325,000 | 4,588,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,607,000 | 4,204,000 | 5,325,000 | 4,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,409,000 | 34,020,000 | 30,317,000 | 29,602,000 |
| Total capital | 34,464,000 | 37,071,000 | 32,928,000 | 32,865,000 |
| Risk-weighted assets | 274,922,000 | 274,564,000 | 264,378,000 | 260,387,000 |