Call reports 2005
SOUTH SOUND BANK — 2005
What SOUTH SOUND BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 96,381,000 | 103,680,000 | 124,865,000 | 123,722,000 |
| Total loans | 78,897,000 | 84,990,000 | 95,849,000 | 98,151,000 |
| Allowance for loan losses | 947,000 | 1,020,000 | 1,150,000 | 1,178,000 |
| Securities available for sale | 9,326,000 | 9,331,000 | 8,688,000 | 10,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,918,000 | 89,165,000 | 109,445,000 | 108,023,000 |
| Interest-bearing deposits | 66,844,000 | 73,002,000 | 88,549,000 | 89,550,000 |
| Noninterest-bearing deposits | 15,074,000 | 16,163,000 | 20,896,000 | 18,473,000 |
| Equity capital | 11,914,000 | 12,489,000 | 13,013,000 | 13,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,722,000 | 3,691,000 | 5,916,000 | 8,087,000 |
| Interest expense | 314,000 | 715,000 | 1,257,000 | 1,893,000 |
| Net interest income | 1,408,000 | 2,976,000 | 4,659,000 | 6,194,000 |
| Noninterest income | 69,000 | 148,000 | 231,000 | 309,000 |
| Noninterest expense | 742,000 | 1,585,000 | 2,452,000 | 3,120,000 |
| Provision for loan losses | 118,000 | 190,000 | 328,000 | 355,000 |
| Pretax income | 617,000 | 1,349,000 | 2,110,000 | 3,028,000 |
| Income tax | 217,000 | 461,000 | 715,000 | 1,010,000 |
| Net income | 400,000 | 888,000 | 1,395,000 | 2,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,021,000 | 12,549,000 | 13,093,000 | 13,734,000 |
| Total capital | 12,968,000 | 13,569,000 | 14,243,000 | 14,912,000 |
| Risk-weighted assets | 85,685,000 | 96,621,000 | 108,369,000 | 107,241,000 |