Call reports 2018
SOUND COMMUNITY BANK — 2018
What SOUND COMMUNITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 658,774,000 | 685,448,000 | 714,532,000 | 716,735,000 |
| Total loans | 560,929,000 | 591,479,000 | 617,925,000 | 620,715,000 |
| Allowance for loan losses | 5,328,000 | 5,504,000 | 5,748,000 | 5,774,000 |
| Securities available for sale | 5,268,000 | 5,118,000 | 5,011,000 | 4,958,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 531,992,000 | 541,978,000 | 543,080,000 | 555,694,000 |
| Interest-bearing deposits | 444,929,000 | 454,710,000 | 440,109,000 | 457,732,000 |
| Noninterest-bearing deposits | 87,063,000 | 87,269,000 | 102,971,000 | 97,962,000 |
| Equity capital | 65,198,000 | 67,530,000 | 69,237,000 | 70,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,524,000 | 15,763,000 | 24,150,000 | 33,140,000 |
| Interest expense | 1,023,000 | 2,244,000 | 3,658,000 | 5,359,000 |
| Net interest income | 6,501,000 | 13,519,000 | 20,492,000 | 27,781,000 |
| Noninterest income | 1,028,000 | 2,031,000 | 3,454,000 | 4,250,000 |
| Noninterest expense | 5,268,000 | 10,505,000 | 16,206,000 | 22,451,000 |
| Provision for loan losses | 100,000 | 250,000 | 500,000 | 525,000 |
| Pretax income | 2,161,000 | 4,795,000 | 7,240,000 | 9,055,000 |
| Income tax | 513,000 | 1,109,000 | 1,665,000 | 1,771,000 |
| Net income | 1,648,000 | 3,686,000 | 5,575,000 | 7,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,019,000 | 66,471,000 | 68,213,000 | 69,685,000 |
| Total capital | 69,542,000 | 72,170,000 | 74,206,000 | 75,874,000 |
| Risk-weighted assets | 526,763,000 | 586,200,000 | 601,099,000 | 592,551,000 |