Call reports 2022
SANDHILLS STATE BANK — 2022
What SANDHILLS STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 343,129,000 | 349,957,000 | 340,149,000 | 341,950,000 |
| Total loans | 243,314,000 | 252,837,000 | 248,190,000 | 247,037,000 |
| Allowance for loan losses | 2,460,000 | 2,482,000 | 2,504,000 | 2,513,000 |
| Securities available for sale | 76,801,000 | 76,213,000 | 68,032,000 | 68,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,502,000 | 308,564,000 | 313,063,000 | 312,498,000 |
| Interest-bearing deposits | 237,644,000 | 235,069,000 | 240,549,000 | 226,736,000 |
| Noninterest-bearing deposits | 73,858,000 | 73,495,000 | 72,514,000 | 85,762,000 |
| Equity capital | 31,049,000 | 29,275,000 | 26,435,000 | 28,431,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,911,000 | 6,026,000 | 9,398,000 | 13,052,000 |
| Interest expense | 214,000 | 440,000 | 741,000 | 1,120,000 |
| Net interest income | 2,697,000 | 5,586,000 | 8,657,000 | 11,932,000 |
| Noninterest income | 221,000 | 394,000 | 535,000 | 696,000 |
| Noninterest expense | 2,047,000 | 4,060,000 | 6,095,000 | 8,146,000 |
| Provision for loan losses | 30,000 | 40,000 | 57,000 | 57,000 |
| Pretax income | 841,000 | 1,880,000 | 3,040,000 | 4,425,000 |
| Income tax | 36,000 | 60,000 | 87,000 | 116,000 |
| Net income | 805,000 | 1,820,000 | 2,953,000 | 4,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,955,000 | 28,443,000 | 28,598,000 | 29,423,000 |
| Total capital | 30,415,000 | 30,925,000 | 31,102,000 | 31,936,000 |
| Risk-weighted assets | 248,201,000 | 257,268,000 | 253,668,000 | 255,097,000 |