Call reports 2021
SANDHILLS STATE BANK — 2021
What SANDHILLS STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 333,507,000 | 332,353,000 | 325,771,000 | 343,514,000 |
| Total loans | 236,594,000 | 244,460,000 | 231,313,000 | 239,031,000 |
| Allowance for loan losses | 2,438,000 | 2,475,000 | 2,512,000 | 2,423,000 |
| Securities available for sale | 51,965,000 | 58,437,000 | 51,371,000 | 74,330,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,943,000 | 295,598,000 | 289,659,000 | 308,090,000 |
| Interest-bearing deposits | 233,972,000 | 231,548,000 | 225,495,000 | 227,495,000 |
| Noninterest-bearing deposits | 63,971,000 | 64,050,000 | 64,164,000 | 80,595,000 |
| Equity capital | 35,246,000 | 36,394,000 | 35,704,000 | 35,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,547,000 | 8,067,000 | 10,961,000 | 13,910,000 |
| Interest expense | 304,000 | 563,000 | 792,000 | 1,012,000 |
| Net interest income | 4,243,000 | 7,504,000 | 10,169,000 | 12,898,000 |
| Noninterest income | 121,000 | 258,000 | 372,000 | 519,000 |
| Noninterest expense | 1,954,000 | 3,915,000 | 6,017,000 | 8,398,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 2,931,000 | 4,338,000 | 4,991,000 | 5,456,000 |
| Income tax | 33,000 | 69,000 | 105,000 | 140,000 |
| Net income | 2,898,000 | 4,269,000 | 4,886,000 | 5,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,616,000 | 28,502,000 | 27,734,000 | 27,678,000 |
| Total capital | 30,054,000 | 30,977,000 | 30,246,000 | 30,101,000 |
| Risk-weighted assets | 226,109,000 | 229,414,000 | 238,737,000 | 241,970,000 |