Call reports 2005
SANDHILLS STATE BANK — 2005
What SANDHILLS STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 40,828,000 | 43,237,000 | 43,220,000 | 48,244,000 |
| Total loans | 26,694,000 | 28,206,000 | 27,961,000 | 32,084,000 |
| Allowance for loan losses | 457,000 | 457,000 | 457,000 | 504,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,345,000 | 13,334,000 | 13,324,000 | 14,071,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,236,000 | 36,531,000 | 37,702,000 | 39,474,000 |
| Interest-bearing deposits | 31,820,000 | 33,794,000 | 33,896,000 | 36,106,000 |
| Noninterest-bearing deposits | 2,416,000 | 2,737,000 | 3,806,000 | 3,368,000 |
| Equity capital | 4,734,000 | 4,880,000 | 5,022,000 | 4,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 576,000 | 1,203,000 | 1,857,000 | 2,558,000 |
| Interest expense | 195,000 | 418,000 | 663,000 | 950,000 |
| Net interest income | 381,000 | 785,000 | 1,194,000 | 1,608,000 |
| Noninterest income | 19,000 | 46,000 | 70,000 | 98,000 |
| Noninterest expense | 218,000 | 426,000 | 642,000 | 878,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 182,000 | 405,000 | 622,000 | 778,000 |
| Income tax | 64,000 | 141,000 | 217,000 | 276,000 |
| Net income | 118,000 | 264,000 | 405,000 | 502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,734,000 | 4,880,000 | 5,022,000 | 4,968,000 |
| Total capital | 5,109,000 | 5,277,000 | 5,418,000 | 5,418,000 |
| Risk-weighted assets | 29,951,000 | 31,667,000 | 31,581,000 | 35,955,000 |