Call reports 2013
SOUND COMMUNITY BANK — 2013
What SOUND COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 390,826,000 | 409,804,000 | 432,405,000 | 442,421,000 |
| Total loans | 340,949,000 | 360,737,000 | 381,450,000 | 391,055,000 |
| Allowance for loan losses | 4,045,000 | 4,129,000 | 4,115,000 | 4,177,000 |
| Securities available for sale | 19,712,000 | 16,965,000 | 16,638,000 | 15,421,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,159,000 | 325,659,000 | 346,298,000 | 351,641,000 |
| Interest-bearing deposits | 286,493,000 | 285,806,000 | 306,299,000 | 313,806,000 |
| Noninterest-bearing deposits | 36,666,000 | 39,853,000 | 39,999,000 | 37,835,000 |
| Equity capital | 39,724,000 | 41,046,000 | 43,182,000 | 44,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,841,000 | 9,918,000 | 15,105,000 | 20,394,000 |
| Interest expense | 569,000 | 1,113,000 | 1,688,000 | 2,291,000 |
| Net interest income | 4,272,000 | 8,805,000 | 13,417,000 | 18,103,000 |
| Noninterest income | 366,000 | 1,301,000 | 2,046,000 | 2,649,000 |
| Noninterest expense | 3,069,000 | 6,261,000 | 9,620,000 | 13,147,000 |
| Provision for loan losses | 250,000 | 700,000 | 1,150,000 | 1,350,000 |
| Pretax income | 1,300,000 | 3,115,000 | 4,663,000 | 6,225,000 |
| Income tax | 475,000 | 1,111,000 | 1,631,000 | 2,190,000 |
| Net income | 825,000 | 2,004,000 | 3,032,000 | 4,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,214,000 | 40,438,000 | 42,522,000 | 43,582,000 |
| Total capital | 42,960,000 | 44,358,000 | 46,584,000 | 47,750,000 |
| Risk-weighted assets | 299,348,000 | 313,425,000 | 326,244,000 | 334,793,000 |