Call reports 2013
SANDHILLS STATE BANK — 2013
What SANDHILLS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 114,678,000 | 122,938,000 | 131,436,000 | 131,646,000 |
| Total loans | 86,081,000 | 99,747,000 | 105,113,000 | 104,433,000 |
| Allowance for loan losses | 934,000 | 992,000 | 1,067,000 | 1,061,000 |
| Securities available for sale | 8,903,000 | 1,061,000 | 1,076,000 | 1,075,000 |
| Securities held to maturity | 10,022,000 | 12,891,000 | 12,883,000 | 12,896,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,829,000 | 95,534,000 | 107,866,000 | 107,877,000 |
| Interest-bearing deposits | 80,326,000 | 80,318,000 | 89,690,000 | 88,426,000 |
| Noninterest-bearing deposits | 14,503,000 | 15,216,000 | 18,176,000 | 19,451,000 |
| Equity capital | 12,555,000 | 13,080,000 | 13,247,000 | 13,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,081,000 | 2,277,000 | 3,598,000 | 4,918,000 |
| Interest expense | 259,000 | 516,000 | 806,000 | 1,109,000 |
| Net interest income | 822,000 | 1,761,000 | 2,792,000 | 3,809,000 |
| Noninterest income | 30,000 | 66,000 | 107,000 | 158,000 |
| Noninterest expense | 686,000 | 1,394,000 | 2,236,000 | 3,089,000 |
| Provision for loan losses | 86,000 | 135,000 | 209,000 | 209,000 |
| Pretax income | 80,000 | 297,000 | 453,000 | 668,000 |
| Income tax | 2,000 | 12,000 | 16,000 | 24,000 |
| Net income | 78,000 | 285,000 | 437,000 | 644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,952,000 | 11,537,000 | 11,703,000 | 11,924,000 |
| Total capital | 11,886,000 | 12,529,000 | 12,770,000 | 12,984,000 |
| Risk-weighted assets | 93,293,000 | 107,523,000 | 113,886,000 | 113,142,000 |