Call reports 2003
SANDHILLS STATE BANK — 2003
What SANDHILLS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 34,850,000 | 37,221,000 | 37,352,000 | 37,166,000 |
| Total loans | 17,728,000 | 19,210,000 | 18,431,000 | 19,748,000 |
| Allowance for loan losses | 486,000 | 480,000 | 480,000 | 474,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,839,000 | 14,797,000 | 15,754,000 | 14,712,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,754,000 | 31,175,000 | 31,307,000 | 31,335,000 |
| Interest-bearing deposits | 28,076,000 | 28,922,000 | 29,275,000 | 28,882,000 |
| Noninterest-bearing deposits | 1,678,000 | 2,253,000 | 2,032,000 | 2,453,000 |
| Equity capital | 4,192,000 | 4,275,000 | 4,358,000 | 4,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 483,000 | 968,000 | 1,461,000 | 1,954,000 |
| Interest expense | 187,000 | 369,000 | 550,000 | 718,000 |
| Net interest income | 296,000 | 599,000 | 911,000 | 1,236,000 |
| Noninterest income | 18,000 | 39,000 | 59,000 | 62,000 |
| Noninterest expense | 199,000 | 392,000 | 590,000 | 810,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 115,000 | 246,000 | 380,000 | 488,000 |
| Income tax | 36,000 | 84,000 | 135,000 | 172,000 |
| Net income | 79,000 | 162,000 | 245,000 | 316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,192,000 | 4,275,000 | 4,358,000 | 4,309,000 |
| Total capital | 4,463,000 | 4,566,000 | 4,643,000 | 4,607,000 |
| Risk-weighted assets | 21,437,000 | 23,092,000 | 22,574,000 | 23,703,000 |