Call reports 2018
SANDHILLS STATE BANK — 2018
What SANDHILLS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 231,467,000 | 241,667,000 | 235,075,000 | 241,698,000 |
| Total loans | 183,883,000 | 201,882,000 | 196,604,000 | 199,958,000 |
| Allowance for loan losses | 1,830,000 | 1,982,000 | 1,881,000 | 1,332,000 |
| Securities available for sale | 23,458,000 | 22,557,000 | 22,381,000 | 23,004,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,157,000 | 196,084,000 | 195,947,000 | 196,418,000 |
| Interest-bearing deposits | 167,360,000 | 167,766,000 | 169,174,000 | 161,555,000 |
| Noninterest-bearing deposits | 31,797,000 | 28,318,000 | 26,773,000 | 34,863,000 |
| Equity capital | 25,373,000 | 25,528,000 | 25,743,000 | 26,021,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,539,000 | 5,377,000 | 8,481,000 | 11,340,000 |
| Interest expense | 376,000 | 805,000 | 1,344,000 | 1,876,000 |
| Net interest income | 2,163,000 | 4,572,000 | 7,137,000 | 9,464,000 |
| Noninterest income | 87,000 | 181,000 | 260,000 | 350,000 |
| Noninterest expense | 1,450,000 | 3,014,000 | 4,565,000 | 6,234,000 |
| Provision for loan losses | 63,000 | 212,000 | 419,000 | 480,000 |
| Pretax income | 737,000 | 1,527,000 | 2,413,000 | 3,100,000 |
| Income tax | 24,000 | 48,000 | 72,000 | 95,000 |
| Net income | 713,000 | 1,479,000 | 2,341,000 | 3,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,368,000 | 21,591,000 | 21,909,000 | 22,030,000 |
| Total capital | 23,198,000 | 23,573,000 | 23,790,000 | 23,362,000 |
| Risk-weighted assets | 179,970,000 | 195,541,000 | 191,601,000 | 197,429,000 |