Call reports 2008
SHERMAN COUNTY BANK — 2008
What SHERMAN COUNTY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,798,000 | 109,708,000 | 111,389,000 | 135,431,000 |
| Total loans | 71,855,000 | 81,915,000 | 85,184,000 | 108,190,000 |
| Allowance for loan losses | 1,530,000 | 1,545,000 | 1,613,000 | 1,507,000 |
| Securities available for sale | 19,585,000 | 19,723,000 | 17,796,000 | 15,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,254,000 | 74,308,000 | 77,300,000 | 90,647,000 |
| Interest-bearing deposits | 62,824,000 | 67,933,000 | 66,445,000 | 80,505,000 |
| Noninterest-bearing deposits | 6,430,000 | 6,375,000 | 10,855,000 | 10,142,000 |
| Equity capital | 8,486,000 | 8,651,000 | 8,369,000 | 10,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,741,000 | 3,541,000 | 5,505,000 | 7,739,000 |
| Interest expense | 770,000 | 1,528,000 | 2,285,000 | 3,088,000 |
| Net interest income | 971,000 | 2,013,000 | 3,220,000 | 4,651,000 |
| Noninterest income | 130,000 | 255,000 | 388,000 | 542,000 |
| Noninterest expense | 626,000 | 1,214,000 | 1,874,000 | 2,571,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 120,000 |
| Pretax income | 458,000 | 1,007,000 | -417,000 | 203,000 |
| Income tax | 137,000 | 388,000 | -335,000 | -94,000 |
| Net income | 321,000 | 619,000 | -82,000 | 297,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,737,000 | 9,000,000 | 8,398,000 | 11,277,000 |
| Total capital | 9,752,000 | 10,152,000 | 9,565,000 | 12,735,000 |
| Risk-weighted assets | 82,175,000 | 93,404,000 | 94,701,000 | 118,536,000 |