Call reports 2019
SANDHILLS STATE BANK — 2019
What SANDHILLS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 297,551,000 | 291,386,000 | 295,301,000 | 297,945,000 |
| Total loans | 213,506,000 | 221,543,000 | 218,103,000 | 219,414,000 |
| Allowance for loan losses | 1,427,000 | 1,524,000 | 1,622,000 | 1,719,000 |
| Securities available for sale | 25,322,000 | 41,603,000 | 45,234,000 | 45,262,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,740,000 | 245,027,000 | 248,699,000 | 253,482,000 |
| Interest-bearing deposits | 213,309,000 | 208,017,000 | 211,553,000 | 211,834,000 |
| Noninterest-bearing deposits | 38,431,000 | 37,010,000 | 37,146,000 | 41,648,000 |
| Equity capital | 33,223,000 | 33,744,000 | 34,281,000 | 34,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,188,000 | 6,611,000 | 10,092,000 | 13,506,000 |
| Interest expense | 598,000 | 1,280,000 | 1,996,000 | 2,744,000 |
| Net interest income | 2,590,000 | 5,331,000 | 8,096,000 | 10,762,000 |
| Noninterest income | 103,000 | 221,000 | 361,000 | 505,000 |
| Noninterest expense | 1,911,000 | 3,947,000 | 5,991,000 | 8,027,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 692,000 | 1,425,000 | 2,265,000 | 3,003,000 |
| Income tax | 25,000 | 51,000 | 77,000 | 116,000 |
| Net income | 667,000 | 1,374,000 | 2,188,000 | 2,887,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,336,000 | 24,606,000 | 24,911,000 | 25,040,000 |
| Total capital | 25,763,000 | 26,130,000 | 26,533,000 | 26,759,000 |
| Risk-weighted assets | 217,527,000 | 224,663,000 | 224,123,000 | 226,188,000 |