Call reports 2012
FIRST CHEROKEE STATE BANK — 2012
What FIRST CHEROKEE STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Total assets | 222,727,000 | 209,021,000 |
| Total loans | 140,778,000 | 131,825,000 |
| Allowance for loan losses | 4,996,000 | 4,126,000 |
| Securities available for sale | 16,853,000 | 15,683,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 193,284,000 | 182,114,000 |
| Interest-bearing deposits | 158,310,000 | 148,373,000 |
| Noninterest-bearing deposits | 34,974,000 | 33,741,000 |
| Equity capital | 2,720,000 | 315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Interest income | 2,215,000 | 4,358,000 |
| Interest expense | 662,000 | 1,280,000 |
| Net interest income | 1,553,000 | 3,078,000 |
| Noninterest income | 473,000 | 995,000 |
| Noninterest expense | 2,751,000 | 6,385,000 |
| Provision for loan losses | 1,562,000 | 2,402,000 |
| Pretax income | -2,185,000 | -4,612,000 |
| Income tax | 0 | 0 |
| Net income | -2,185,000 | -4,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Tier 1 capital | 2,632,000 | 206,000 |
| Total capital | 4,651,000 | 412,000 |
| Risk-weighted assets | 158,546,000 | 148,714,000 |