Call reports 2001
SOUTH SOUND BANK — 2001
What SOUTH SOUND BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 27,069,000 | 30,000,000 | 36,829,000 | 40,098,000 |
| Total loans | 21,789,000 | 25,429,000 | 27,579,000 | 32,439,000 |
| Allowance for loan losses | 270,000 | 303,000 | 331,000 | 388,000 |
| Securities available for sale | 750,000 | 756,000 | 766,000 | 761,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,889,000 | 24,782,000 | 31,443,000 | 34,982,000 |
| Interest-bearing deposits | 18,073,000 | 20,959,000 | 26,785,000 | 29,038,000 |
| Noninterest-bearing deposits | 3,816,000 | 3,823,000 | 4,658,000 | 5,944,000 |
| Equity capital | 4,945,000 | 4,990,000 | 4,926,000 | 4,885,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 600,000 | 1,257,000 | 1,913,000 | 2,598,000 |
| Interest expense | 239,000 | 507,000 | 774,000 | 991,000 |
| Net interest income | 361,000 | 750,000 | 1,139,000 | 1,607,000 |
| Noninterest income | 13,000 | 33,000 | 55,000 | 84,000 |
| Noninterest expense | 292,000 | 667,000 | 1,124,000 | 1,600,000 |
| Provision for loan losses | 81,000 | 114,000 | 142,000 | 207,000 |
| Pretax income | 1,000 | 3,000 | -71,000 | -115,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,000 | 3,000 | -71,000 | -115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,945,000 | 4,985,000 | 4,910,000 | 4,874,000 |
| Total capital | 5,215,000 | 5,288,000 | 5,241,000 | 5,262,000 |
| Risk-weighted assets | 24,604,000 | 28,169,000 | 30,172,000 | 35,095,000 |