Call reports 2015
SOUTH SOUND BANK — 2015
What SOUTH SOUND BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 171,312,000 | 170,423,000 | 164,501,000 | 162,119,000 |
| Total loans | 105,583,000 | 106,872,000 | 108,278,000 | 105,200,000 |
| Allowance for loan losses | 2,000,000 | 2,010,000 | 2,043,000 | 2,064,000 |
| Securities available for sale | 23,728,000 | 22,435,000 | 21,473,000 | 21,197,000 |
| Securities held to maturity | 6,393,000 | 6,067,000 | 5,818,000 | 5,604,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,075,000 | 145,136,000 | 138,781,000 | 135,994,000 |
| Interest-bearing deposits | 136,366,000 | 136,490,000 | 131,586,000 | 126,195,000 |
| Noninterest-bearing deposits | 8,709,000 | 8,646,000 | 7,195,000 | 9,799,000 |
| Equity capital | 24,143,000 | 23,317,000 | 23,601,000 | 23,863,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,535,000 | 3,181,000 | 4,793,000 | 6,442,000 |
| Interest expense | 113,000 | 208,000 | 301,000 | 391,000 |
| Net interest income | 1,422,000 | 2,973,000 | 4,492,000 | 6,051,000 |
| Noninterest income | 200,000 | 274,000 | 395,000 | 688,000 |
| Noninterest expense | 1,256,000 | 2,533,000 | 3,797,000 | 5,116,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 366,000 | 714,000 | 1,090,000 | 1,623,000 |
| Income tax | 117,000 | 227,000 | 347,000 | 520,000 |
| Net income | 249,000 | 487,000 | 743,000 | 1,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,332,000 | 22,682,000 | 22,742,000 | 23,249,000 |
| Total capital | 24,883,000 | 24,239,000 | 24,327,000 | 24,818,000 |
| Risk-weighted assets | 123,642,000 | 124,107,000 | 126,287,000 | 124,988,000 |