Call reports 2017
SOUND COMMUNITY BANK — 2017
What SOUND COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 574,740,000 | 587,541,000 | 621,812,000 | 644,501,000 |
| Total loans | 491,260,000 | 494,616,000 | 528,504,000 | 550,373,000 |
| Allowance for loan losses | 4,838,000 | 4,835,000 | 4,991,000 | 5,241,000 |
| Securities available for sale | 6,359,000 | 6,200,000 | 5,688,000 | 5,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 485,190,000 | 497,303,000 | 527,105,000 | 517,039,000 |
| Interest-bearing deposits | 409,370,000 | 418,747,000 | 448,310,000 | 442,292,000 |
| Noninterest-bearing deposits | 75,819,000 | 78,556,000 | 78,796,000 | 74,747,000 |
| Equity capital | 59,334,000 | 60,858,000 | 62,113,000 | 63,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 6,716,000 | 13,308,000 | 20,415,000 | 27,755,000 |
| Interest expense | 795,000 | 1,558,000 | 2,438,000 | 3,369,000 |
| Net interest income | 5,921,000 | 11,750,000 | 17,977,000 | 24,386,000 |
| Noninterest income | 875,000 | 1,783,000 | 2,453,000 | 3,461,000 |
| Noninterest expense | 4,472,000 | 9,106,000 | 13,820,000 | 18,596,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 500,000 |
| Pretax income | 2,324,000 | 4,427,000 | 6,360,000 | 8,751,000 |
| Income tax | 869,000 | 1,615,000 | 2,296,000 | 3,465,000 |
| Net income | 1,455,000 | 2,812,000 | 4,064,000 | 5,286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,117,000 | 59,678,000 | 60,949,000 | 62,432,000 |
| Total capital | 64,150,000 | 64,708,000 | 66,135,000 | 67,868,000 |
| Risk-weighted assets | 469,923,000 | 474,799,000 | 510,580,000 | 518,970,000 |