Call reports 2014
SOUND COMMUNITY BANK — 2014
What SOUND COMMUNITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 445,374,000 | 468,737,000 | 479,228,000 | 495,424,000 |
| Total loans | 396,306,000 | 405,859,000 | 419,841,000 | 431,675,000 |
| Allowance for loan losses | 4,176,000 | 4,191,000 | 4,230,000 | 4,387,000 |
| Securities available for sale | 14,730,000 | 14,082,000 | 12,944,000 | 11,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,977,000 | 376,533,000 | 405,857,000 | 411,377,000 |
| Interest-bearing deposits | 326,023,000 | 329,122,000 | 359,091,000 | 364,135,000 |
| Noninterest-bearing deposits | 40,953,000 | 47,411,000 | 46,765,000 | 47,242,000 |
| Equity capital | 45,583,000 | 47,141,000 | 48,513,000 | 49,444,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,415,000 | 10,982,000 | 16,740,000 | 22,098,000 |
| Interest expense | 610,000 | 1,207,000 | 1,819,000 | 2,422,000 |
| Net interest income | 4,805,000 | 9,775,000 | 14,921,000 | 19,676,000 |
| Noninterest income | 463,000 | 1,151,000 | 2,177,000 | 3,307,000 |
| Noninterest expense | 3,524,000 | 7,045,000 | 11,037,000 | 15,067,000 |
| Provision for loan losses | 200,000 | 400,000 | 600,000 | 800,000 |
| Pretax income | 1,544,000 | 3,481,000 | 5,461,000 | 7,116,000 |
| Income tax | 531,000 | 1,219,000 | 1,935,000 | 2,753,000 |
| Net income | 1,013,000 | 2,262,000 | 3,526,000 | 4,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,826,000 | 46,149,000 | 46,792,000 | 48,343,000 |
| Total capital | 49,002,000 | 50,340,000 | 51,022,000 | 52,730,000 |
| Risk-weighted assets | 346,093,000 | 355,284,000 | 383,307,000 | 388,498,000 |