Call reports 2014
SANDHILLS STATE BANK — 2014
What SANDHILLS STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 133,053,000 | 139,641,000 | 141,829,000 | 156,305,000 |
| Total loans | 106,990,000 | 115,233,000 | 113,205,000 | 116,414,000 |
| Allowance for loan losses | 1,075,000 | 1,151,000 | 1,169,000 | 1,171,000 |
| Securities available for sale | 1,082,000 | 4,458,000 | 7,025,000 | 9,888,000 |
| Securities held to maturity | 13,026,000 | 11,592,000 | 11,516,000 | 11,495,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,080,000 | 105,947,000 | 113,829,000 | 130,439,000 |
| Interest-bearing deposits | 91,484,000 | 90,084,000 | 95,605,000 | 103,925,000 |
| Noninterest-bearing deposits | 17,596,000 | 15,863,000 | 18,224,000 | 26,514,000 |
| Equity capital | 13,666,000 | 15,308,000 | 15,495,000 | 15,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,301,000 | 2,728,000 | 4,217,000 | 5,706,000 |
| Interest expense | 294,000 | 587,000 | 887,000 | 1,203,000 |
| Net interest income | 1,007,000 | 2,141,000 | 3,330,000 | 4,503,000 |
| Noninterest income | 39,000 | 82,000 | 120,000 | 172,000 |
| Noninterest expense | 915,000 | 1,851,000 | 2,799,000 | 3,798,000 |
| Provision for loan losses | 16,000 | 83,000 | 97,000 | 129,000 |
| Pretax income | 115,000 | 289,000 | 554,000 | 795,000 |
| Income tax | 5,000 | 13,000 | 22,000 | 30,000 |
| Net income | 110,000 | 276,000 | 532,000 | 765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,148,000 | 13,776,000 | 13,996,000 | 14,181,000 |
| Total capital | 13,223,000 | 14,927,000 | 15,165,000 | 15,351,000 |
| Risk-weighted assets | 115,420,000 | 123,049,000 | 122,098,000 | 128,293,000 |