Call reports 2019
SOUND COMMUNITY BANK — 2019
What SOUND COMMUNITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 697,629,000 | 685,955,000 | 715,319,000 | 719,853,000 |
| Total loans | 584,991,000 | 566,090,000 | 614,547,000 | 620,950,000 |
| Allowance for loan losses | 5,577,000 | 5,370,000 | 5,618,000 | 5,640,000 |
| Securities available for sale | 4,955,000 | 4,964,000 | 7,841,000 | 9,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 587,967,000 | 583,578,000 | 615,126,000 | 622,245,000 |
| Interest-bearing deposits | 485,220,000 | 483,500,000 | 506,456,000 | 521,422,000 |
| Noninterest-bearing deposits | 102,747,000 | 100,079,000 | 108,670,000 | 100,824,000 |
| Equity capital | 69,790,000 | 71,264,000 | 73,015,000 | 75,141,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 8,907,000 | 17,111,000 | 25,608,000 | 34,306,000 |
| Interest expense | 1,784,000 | 3,662,000 | 5,591,000 | 7,616,000 |
| Net interest income | 7,123,000 | 13,449,000 | 20,017,000 | 26,690,000 |
| Noninterest income | 874,000 | 1,865,000 | 3,009,000 | 4,298,000 |
| Noninterest expense | 6,198,000 | 11,199,000 | 16,549,000 | 21,992,000 |
| Provision for loan losses | -200,000 | -400,000 | -150,000 | -125,000 |
| Pretax income | 1,999,000 | 4,515,000 | 6,627,000 | 9,121,000 |
| Income tax | 400,000 | 916,000 | 1,347,000 | 1,817,000 |
| Net income | 1,599,000 | 3,599,000 | 5,280,000 | 7,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,686,000 | 70,127,000 | 71,887,000 | 74,031,000 |
| Total capital | 74,704,000 | 75,841,000 | 77,826,000 | 79,974,000 |
| Risk-weighted assets | 587,985,000 | 574,201,000 | 667,844,000 | 613,354,000 |