Call reports 2007
SOUTH SOUND BANK — 2007
What SOUTH SOUND BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 143,875,000 | 131,959,000 | 137,078,000 | 131,798,000 |
| Total loans | 110,929,000 | 116,306,000 | 120,796,000 | 117,310,000 |
| Allowance for loan losses | 1,197,000 | 1,246,000 | 1,318,000 | 1,323,000 |
| Securities available for sale | 6,345,000 | 7,276,000 | 6,507,000 | 3,745,000 |
| Securities held to maturity | 1,054,000 | 1,200,000 | 1,197,000 | 1,741,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,908,000 | 113,065,000 | 110,304,000 | 106,363,000 |
| Interest-bearing deposits | 102,705,000 | 94,033,000 | 106,841,000 | 96,943,000 |
| Noninterest-bearing deposits | 19,203,000 | 19,032,000 | 3,463,000 | 9,420,000 |
| Equity capital | 17,267,000 | 17,909,000 | 18,681,000 | 19,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,777,000 | 5,652,000 | 8,640,000 | 11,382,000 |
| Interest expense | 935,000 | 1,892,000 | 2,891,000 | 3,808,000 |
| Net interest income | 1,842,000 | 3,760,000 | 5,749,000 | 7,574,000 |
| Noninterest income | 87,000 | 179,000 | 272,000 | 372,000 |
| Noninterest expense | 891,000 | 1,874,000 | 2,926,000 | 4,110,000 |
| Provision for loan losses | 0 | 53,000 | 107,000 | 107,000 |
| Pretax income | 1,038,000 | 2,012,000 | 2,988,000 | 3,730,000 |
| Income tax | 345,000 | 668,000 | 991,000 | 1,234,000 |
| Net income | 693,000 | 1,344,000 | 1,997,000 | 2,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,270,000 | 17,958,000 | 18,695,000 | 19,280,000 |
| Total capital | 18,613,000 | 19,354,000 | 20,145,000 | 20,732,000 |
| Risk-weighted assets | 124,266,000 | 126,908,000 | 130,034,000 | 125,897,000 |