Call reports 2016
SANDHILLS STATE BANK — 2016
What SANDHILLS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 162,765,000 | 176,623,000 | 178,065,000 | 229,663,000 |
| Total loans | 136,825,000 | 149,264,000 | 148,954,000 | 186,260,000 |
| Allowance for loan losses | 1,367,000 | 1,493,000 | 1,547,000 | 1,691,000 |
| Securities available for sale | 17,971,000 | 17,585,000 | 16,654,000 | 23,911,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,334,000 | 143,088,000 | 148,869,000 | 194,793,000 |
| Interest-bearing deposits | 115,023,000 | 117,656,000 | 130,190,000 | 160,653,000 |
| Noninterest-bearing deposits | 21,311,000 | 25,432,000 | 18,679,000 | 34,140,000 |
| Equity capital | 16,359,000 | 16,660,000 | 17,027,000 | 26,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,671,000 | 3,478,000 | 5,377,000 | 8,348,000 |
| Interest expense | 279,000 | 545,000 | 833,000 | 1,230,000 |
| Net interest income | 1,392,000 | 2,933,000 | 4,544,000 | 7,118,000 |
| Noninterest income | 40,000 | 87,000 | 136,000 | 245,000 |
| Noninterest expense | 1,065,000 | 2,208,000 | 3,338,000 | 5,256,000 |
| Provision for loan losses | 90,000 | 237,000 | 285,000 | 411,000 |
| Pretax income | 391,000 | 695,000 | 1,178,000 | 1,817,000 |
| Income tax | 13,000 | 23,000 | 40,000 | 68,000 |
| Net income | 378,000 | 672,000 | 1,138,000 | 1,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,893,000 | 15,095,000 | 15,503,000 | 22,401,000 |
| Total capital | 16,260,000 | 16,588,000 | 17,050,000 | 24,092,000 |
| Risk-weighted assets | 144,213,000 | 156,929,000 | 149,974,000 | 187,143,000 |