Call reports 2011
SANDHILLS STATE BANK — 2011
What SANDHILLS STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 81,744,000 | 89,392,000 | 94,800,000 | 98,082,000 |
| Total loans | 45,227,000 | 55,347,000 | 50,945,000 | 54,191,000 |
| Allowance for loan losses | 693,000 | 695,000 | 757,000 | 814,000 |
| Securities available for sale | 2,953,000 | 3,015,000 | 7,429,000 | 10,578,000 |
| Securities held to maturity | 3,956,000 | 6,237,000 | 6,370,000 | 4,869,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,576,000 | 75,668,000 | 80,938,000 | 83,551,000 |
| Interest-bearing deposits | 62,535,000 | 69,721,000 | 73,844,000 | 75,114,000 |
| Noninterest-bearing deposits | 5,041,000 | 5,947,000 | 7,094,000 | 8,437,000 |
| Equity capital | 7,676,000 | 8,458,000 | 8,615,000 | 9,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 609,000 | 1,351,000 | 2,160,000 | 2,965,000 |
| Interest expense | 268,000 | 604,000 | 950,000 | 1,277,000 |
| Net interest income | 341,000 | 747,000 | 1,210,000 | 1,688,000 |
| Noninterest income | 12,000 | 37,000 | 56,000 | 75,000 |
| Noninterest expense | 520,000 | 1,023,000 | 1,518,000 | 2,011,000 |
| Provision for loan losses | 202,000 | 208,000 | 266,000 | 323,000 |
| Pretax income | -369,000 | -447,000 | -518,000 | -571,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -369,000 | -447,000 | -518,000 | -571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,072,000 | 6,804,000 | 6,997,000 | 7,634,000 |
| Total capital | 6,761,000 | 7,499,000 | 7,754,000 | 8,448,000 |
| Risk-weighted assets | 55,135,000 | 63,707,000 | 63,768,000 | 68,607,000 |