Call reports 2006
SANDHILLS STATE BANK — 2006
What SANDHILLS STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 50,441,000 | 56,417,000 | 55,370,000 | 55,674,000 |
| Total loans | 35,242,000 | 37,311,000 | 37,600,000 | 38,234,000 |
| Allowance for loan losses | 508,000 | 509,000 | 509,000 | 559,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 13,582,000 | 13,582,000 | 14,824,000 | 15,324,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,063,000 | 48,645,000 | 48,181,000 | 49,824,000 |
| Interest-bearing deposits | 39,302,000 | 43,262,000 | 44,109,000 | 46,345,000 |
| Noninterest-bearing deposits | 2,761,000 | 5,383,000 | 4,072,000 | 3,479,000 |
| Equity capital | 5,106,000 | 5,230,000 | 5,370,000 | 5,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 759,000 | 1,588,000 | 2,462,000 | 3,365,000 |
| Interest expense | 348,000 | 760,000 | 1,205,000 | 1,677,000 |
| Net interest income | 411,000 | 828,000 | 1,257,000 | 1,688,000 |
| Noninterest income | 24,000 | 52,000 | 76,000 | 98,000 |
| Noninterest expense | 223,000 | 476,000 | 714,000 | 993,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 212,000 | 404,000 | 619,000 | 743,000 |
| Income tax | 74,000 | 142,000 | 217,000 | 261,000 |
| Net income | 138,000 | 262,000 | 402,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,106,000 | 5,230,000 | 5,370,000 | 5,300,000 |
| Total capital | 5,593,000 | 5,739,000 | 5,879,000 | 5,834,000 |
| Risk-weighted assets | 38,955,000 | 42,076,000 | 42,062,000 | 42,697,000 |