Call reports 2012
SOUTH SOUND BANK — 2012
What SOUTH SOUND BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 165,633,000 | 168,353,000 | 163,388,000 | 161,492,000 |
| Total loans | 102,386,000 | 93,361,000 | 90,388,000 | 87,416,000 |
| Allowance for loan losses | 5,205,000 | 3,398,000 | 3,459,000 | 3,315,000 |
| Securities available for sale | 16,808,000 | 19,913,000 | 20,103,000 | 18,255,000 |
| Securities held to maturity | 5,850,000 | 6,713,000 | 7,373,000 | 6,902,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,665,000 | 142,212,000 | 136,237,000 | 134,118,000 |
| Interest-bearing deposits | 117,051,000 | 118,100,000 | 112,572,000 | 109,172,000 |
| Noninterest-bearing deposits | 21,614,000 | 24,112,000 | 23,665,000 | 24,946,000 |
| Equity capital | 21,896,000 | 21,002,000 | 21,995,000 | 22,204,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,669,000 | 3,252,000 | 4,821,000 | 6,311,000 |
| Interest expense | 256,000 | 502,000 | 720,000 | 917,000 |
| Net interest income | 1,413,000 | 2,750,000 | 4,101,000 | 5,394,000 |
| Noninterest income | 502,000 | 743,000 | 1,637,000 | 1,679,000 |
| Noninterest expense | 1,364,000 | 2,969,000 | 4,305,000 | 5,822,000 |
| Provision for loan losses | 2,094,000 | 3,094,000 | 3,204,000 | 3,204,000 |
| Pretax income | -1,543,000 | -2,570,000 | -1,771,000 | -1,953,000 |
| Income tax | -547,000 | -548,000 | -672,000 | -758,000 |
| Net income | -996,000 | -2,022,000 | -1,099,000 | -1,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,442,000 | 20,490,000 | 21,418,000 | 21,459,000 |
| Total capital | 23,026,000 | 21,971,000 | 22,838,000 | 22,834,000 |
| Risk-weighted assets | 123,069,000 | 116,540,000 | 111,524,000 | 108,075,000 |