Call reports 2009
SANDHILLS STATE BANK — 2009
What SANDHILLS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 29,790,000 | 29,658,000 | 30,736,000 | 29,622,000 |
| Total loans | 19,680,000 | 18,758,000 | 16,191,000 | 16,361,000 |
| Allowance for loan losses | 1,424,000 | 1,037,000 | 827,000 | 732,000 |
| Securities available for sale | 1,027,000 | 1,521,000 | 1,516,000 | 1,008,000 |
| Securities held to maturity | 6,186,000 | 7,255,000 | 6,447,000 | 6,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,267,000 | 26,101,000 | 27,051,000 | 25,883,000 |
| Interest-bearing deposits | 23,750,000 | 23,278,000 | 24,055,000 | 22,924,000 |
| Noninterest-bearing deposits | 2,517,000 | 2,823,000 | 2,996,000 | 2,959,000 |
| Equity capital | 3,440,000 | 3,480,000 | 3,576,000 | 3,670,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 412,000 | 789,000 | 1,154,000 | 1,490,000 |
| Interest expense | 148,000 | 270,000 | 386,000 | 492,000 |
| Net interest income | 264,000 | 519,000 | 768,000 | 998,000 |
| Noninterest income | 18,000 | 30,000 | 42,000 | 56,000 |
| Noninterest expense | 271,000 | 522,000 | 828,000 | 1,022,000 |
| Provision for loan losses | 0 | 0 | -200,000 | -285,000 |
| Pretax income | 11,000 | 27,000 | 182,000 | 317,000 |
| Income tax | 0 | 12,000 | 68,000 | 107,000 |
| Net income | 11,000 | 15,000 | 114,000 | 210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,238,000 | 3,260,000 | 3,517,000 | 3,667,000 |
| Total capital | 3,520,000 | 3,531,000 | 3,764,000 | 3,913,000 |
| Risk-weighted assets | 21,425,000 | 20,907,000 | 19,190,000 | 19,220,000 |