Call reports 2020
SANDHILLS STATE BANK — 2020
What SANDHILLS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 291,344,000 | 316,604,000 | 320,169,000 | 322,497,000 |
| Total loans | 217,877,000 | 248,322,000 | 239,926,000 | 229,871,000 |
| Allowance for loan losses | 1,892,000 | 2,067,000 | 2,252,000 | 2,518,000 |
| Securities available for sale | 44,474,000 | 38,934,000 | 38,919,000 | 60,452,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,500,000 | 260,605,000 | 269,405,000 | 287,343,000 |
| Interest-bearing deposits | 207,498,000 | 209,290,000 | 220,297,000 | 220,756,000 |
| Noninterest-bearing deposits | 38,002,000 | 51,315,000 | 49,108,000 | 66,587,000 |
| Equity capital | 33,623,000 | 35,708,000 | 35,763,000 | 34,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,338,000 | 7,256,000 | 10,480,000 | 13,442,000 |
| Interest expense | 659,000 | 1,182,000 | 1,685,000 | 2,129,000 |
| Net interest income | 2,679,000 | 6,074,000 | 8,795,000 | 11,313,000 |
| Noninterest income | 118,000 | 227,000 | 352,000 | 503,000 |
| Noninterest expense | 1,954,000 | 3,905,000 | 5,996,000 | 8,663,000 |
| Provision for loan losses | 165,000 | 316,000 | 496,000 | 761,000 |
| Pretax income | 678,000 | 2,312,000 | 2,931,000 | 2,659,000 |
| Income tax | 30,000 | 60,000 | 96,000 | 120,000 |
| Net income | 648,000 | 2,252,000 | 2,835,000 | 2,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,934,000 | 25,885,000 | 26,032,000 | 25,152,000 |
| Total capital | 26,826,000 | 27,952,000 | 28,284,000 | 27,670,000 |
| Risk-weighted assets | 225,814,000 | 228,546,000 | 224,717,000 | 226,782,000 |