Call reports 2007
SANDHILLS STATE BANK — 2007
What SANDHILLS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 61,782,000 | 62,144,000 | 57,524,000 | 54,031,000 |
| Total loans | 43,701,000 | 43,034,000 | 38,729,000 | 29,899,000 |
| Allowance for loan losses | 560,000 | 609,000 | 2,144,000 | 1,775,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,009,000 | 15,600,000 | 15,596,000 | 12,982,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,123,000 | 53,974,000 | 54,076,000 | 50,079,000 |
| Interest-bearing deposits | 50,795,000 | 50,084,000 | 51,301,000 | 47,066,000 |
| Noninterest-bearing deposits | 3,328,000 | 3,890,000 | 2,775,000 | 3,013,000 |
| Equity capital | 5,436,000 | 5,538,000 | 2,818,000 | 3,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 973,000 | 1,942,000 | 2,434,000 | 3,189,000 |
| Interest expense | 535,000 | 1,098,000 | 1,670,000 | 2,208,000 |
| Net interest income | 438,000 | 844,000 | 764,000 | 981,000 |
| Noninterest income | 23,000 | 46,000 | 67,000 | 86,000 |
| Noninterest expense | 252,000 | 529,000 | 786,000 | 1,087,000 |
| Provision for loan losses | 0 | 50,000 | 3,104,000 | 2,475,000 |
| Pretax income | 209,000 | 311,000 | -3,059,000 | -2,495,000 |
| Income tax | 73,000 | 73,000 | -577,000 | -859,000 |
| Net income | 136,000 | 238,000 | -2,482,000 | -1,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,436,000 | 5,538,000 | 2,818,000 | 3,664,000 |
| Total capital | 5,996,000 | 6,147,000 | 3,373,000 | 4,119,000 |
| Risk-weighted assets | 48,619,000 | 48,691,000 | 42,791,000 | 35,059,000 |