Call reports 2002
SANDHILLS STATE BANK — 2002
What SANDHILLS STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 32,719,000 | 35,888,000 | 34,395,000 | 33,389,000 |
| Total loans | 16,492,000 | 17,298,000 | 14,884,000 | 14,716,000 |
| Allowance for loan losses | 382,000 | 349,000 | 349,000 | 349,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,658,000 | 16,550,000 | 16,090,000 | 13,077,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,165,000 | 28,188,000 | 29,868,000 | 28,969,000 |
| Interest-bearing deposits | 26,366,000 | 26,485,000 | 27,932,000 | 27,089,000 |
| Noninterest-bearing deposits | 1,799,000 | 1,703,000 | 1,936,000 | 1,880,000 |
| Equity capital | 4,036,000 | 4,099,000 | 4,159,000 | 4,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 521,000 | 1,059,000 | 1,572,000 | 2,046,000 |
| Interest expense | 251,000 | 503,000 | 744,000 | 968,000 |
| Net interest income | 270,000 | 556,000 | 828,000 | 1,078,000 |
| Noninterest income | 11,000 | 25,000 | 40,000 | 57,000 |
| Noninterest expense | 186,000 | 373,000 | 565,000 | 763,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 95,000 | 208,000 | 303,000 | 372,000 |
| Income tax | 24,000 | 74,000 | 109,000 | 133,000 |
| Net income | 71,000 | 134,000 | 194,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,036,000 | 4,099,000 | 4,159,000 | 4,113,000 |
| Total capital | 4,287,000 | 4,367,000 | 4,401,000 | 4,349,000 |
| Risk-weighted assets | 19,972,000 | 21,375,000 | 19,219,000 | 18,759,000 |