Call reports 2015
SOUND COMMUNITY BANK — 2015
What SOUND COMMUNITY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 491,486,000 | 502,982,000 | 501,459,000 | 540,175,000 |
| Total loans | 424,378,000 | 437,659,000 | 436,605,000 | 461,560,000 |
| Allowance for loan losses | 4,436,000 | 4,572,000 | 4,682,000 | 4,636,000 |
| Securities available for sale | 8,717,000 | 7,901,000 | 7,140,000 | 6,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,670,000 | 419,518,000 | 421,440,000 | 442,345,000 |
| Interest-bearing deposits | 368,431,000 | 367,746,000 | 369,636,000 | 388,655,000 |
| Noninterest-bearing deposits | 49,239,000 | 51,772,000 | 51,804,000 | 53,691,000 |
| Equity capital | 49,577,000 | 51,009,000 | 52,252,000 | 53,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,621,000 | 11,360,000 | 17,185,000 | 23,392,000 |
| Interest expense | 689,000 | 1,369,000 | 2,055,000 | 2,752,000 |
| Net interest income | 4,932,000 | 9,991,000 | 15,130,000 | 20,640,000 |
| Noninterest income | 881,000 | 2,236,000 | 3,138,000 | 4,059,000 |
| Noninterest expense | 3,808,000 | 8,037,000 | 12,390,000 | 16,717,000 |
| Provision for loan losses | 100,000 | 300,000 | 400,000 | 400,000 |
| Pretax income | 1,874,000 | 3,859,000 | 5,447,000 | 7,551,000 |
| Income tax | 625,000 | 1,305,000 | 1,745,000 | 2,644,000 |
| Net income | 1,249,000 | 2,554,000 | 3,702,000 | 4,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,963,000 | 50,264,000 | 51,695,000 | 53,041,000 |
| Total capital | 53,399,000 | 54,836,000 | 56,377,000 | 57,677,000 |
| Risk-weighted assets | 392,549,000 | 401,777,000 | 401,722,000 | 453,345,000 |