Call reports 2013
SOUTH SOUND BANK — 2013
What SOUTH SOUND BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 163,497,000 | 170,067,000 | 167,674,000 | 161,513,000 |
| Total loans | 89,036,000 | 85,579,000 | 91,253,000 | 95,994,000 |
| Allowance for loan losses | 2,812,000 | 2,862,000 | 2,464,000 | 2,511,000 |
| Securities available for sale | 20,834,000 | 34,278,000 | 39,458,000 | 39,069,000 |
| Securities held to maturity | 6,893,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,892,000 | 146,271,000 | 143,696,000 | 137,628,000 |
| Interest-bearing deposits | 114,339,000 | 120,595,000 | 116,290,000 | 112,159,000 |
| Noninterest-bearing deposits | 25,553,000 | 25,676,000 | 27,406,000 | 25,469,000 |
| Equity capital | 22,339,000 | 22,432,000 | 22,531,000 | 22,361,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,417,000 | 2,947,000 | 4,379,000 | 5,946,000 |
| Interest expense | 171,000 | 316,000 | 451,000 | 577,000 |
| Net interest income | 1,246,000 | 2,631,000 | 3,928,000 | 5,369,000 |
| Noninterest income | 308,000 | 559,000 | 730,000 | 1,018,000 |
| Noninterest expense | 1,359,000 | 2,760,000 | 4,203,000 | 5,594,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 195,000 | 858,000 | 883,000 | 1,222,000 |
| Income tax | 44,000 | 255,000 | 250,000 | 352,000 |
| Net income | 151,000 | 603,000 | 633,000 | 870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,876,000 | 22,338,000 | 22,397,000 | 22,635,000 |
| Total capital | 23,246,000 | 23,684,000 | 23,783,000 | 24,107,000 |
| Risk-weighted assets | 108,167,000 | 106,148,000 | 109,816,000 | 116,717,000 |