Call reports 2004
SANDHILLS STATE BANK — 2004
What SANDHILLS STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 37,499,000 | 40,205,000 | 41,367,000 | 40,949,000 |
| Total loans | 21,135,000 | 24,478,000 | 24,777,000 | 26,203,000 |
| Allowance for loan losses | 474,000 | 477,000 | 477,000 | 478,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,147,000 | 13,913,000 | 13,873,000 | 12,609,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,923,000 | 31,282,000 | 32,950,000 | 33,876,000 |
| Interest-bearing deposits | 29,845,000 | 29,209,000 | 30,326,000 | 31,120,000 |
| Noninterest-bearing deposits | 2,078,000 | 2,073,000 | 2,624,000 | 2,756,000 |
| Equity capital | 4,415,000 | 4,534,000 | 4,652,000 | 4,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 509,000 | 1,053,000 | 1,604,000 | 2,180,000 |
| Interest expense | 169,000 | 344,000 | 525,000 | 719,000 |
| Net interest income | 340,000 | 709,000 | 1,079,000 | 1,461,000 |
| Noninterest income | 14,000 | 32,000 | 53,000 | 74,000 |
| Noninterest expense | 203,000 | 404,000 | 614,000 | 841,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 160,000 | 346,000 | 527,000 | 703,000 |
| Income tax | 54,000 | 121,000 | 184,000 | 246,000 |
| Net income | 106,000 | 225,000 | 343,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,415,000 | 4,534,000 | 4,652,000 | 4,616,000 |
| Total capital | 4,727,000 | 4,886,000 | 5,011,000 | 4,988,000 |
| Risk-weighted assets | 24,828,000 | 28,055,000 | 28,630,000 | 29,629,000 |