Call reports 2018
SOUTH SOUND BANK — 2018
What SOUTH SOUND BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 186,921,000 | 181,864,000 | 178,333,000 |
| Total loans | 120,665,000 | 124,572,000 | 123,378,000 |
| Allowance for loan losses | 1,976,000 | 2,004,000 | 2,031,000 |
| Securities available for sale | 20,524,000 | 23,055,000 | 22,126,000 |
| Securities held to maturity | 3,535,000 | 3,383,000 | 3,222,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 160,675,000 | 155,210,000 | 151,427,000 |
| Interest-bearing deposits | 118,280,000 | 116,041,000 | 103,934,000 |
| Noninterest-bearing deposits | 42,395,000 | 39,169,000 | 47,493,000 |
| Equity capital | 24,177,000 | 24,675,000 | 23,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Interest income | 1,804,000 | 3,720,000 | 5,707,000 |
| Interest expense | 121,000 | 255,000 | 393,000 |
| Net interest income | 1,683,000 | 3,465,000 | 5,314,000 |
| Noninterest income | 132,000 | 373,000 | 480,000 |
| Noninterest expense | 1,263,000 | 2,555,000 | 5,545,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 556,000 | 1,272,000 | 238,000 |
| Income tax | 111,000 | 255,000 | 32,000 |
| Net income | 445,000 | 1,017,000 | 206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 24,077,000 | 24,677,000 | 23,916,000 |
| Total capital | 25,784,000 | 26,434,000 | 25,656,000 |
| Risk-weighted assets | 136,332,000 | 140,331,000 | 138,955,000 |