Call reports 2005
SOLOMON STATE BANK — 2005
What SOLOMON STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 124,087,000 | 126,328,000 | 129,035,000 | 130,802,000 |
| Total loans | 99,632,000 | 101,904,000 | 102,604,000 | 107,434,000 |
| Allowance for loan losses | 710,000 | 660,000 | 605,000 | 601,000 |
| Securities available for sale | 13,005,000 | 12,997,000 | 12,991,000 | 13,532,000 |
| Securities held to maturity | 30,000 | 30,000 | 430,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,546,000 | 112,486,000 | 114,590,000 | 114,339,000 |
| Interest-bearing deposits | 104,667,000 | 106,049,000 | 105,996,000 | 106,628,000 |
| Noninterest-bearing deposits | 5,879,000 | 6,437,000 | 8,594,000 | 7,711,000 |
| Equity capital | 12,918,000 | 13,403,000 | 13,874,000 | 14,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,801,000 | 3,641,000 | 5,548,000 | 7,546,000 |
| Interest expense | 700,000 | 1,434,000 | 2,236,000 | 3,102,000 |
| Net interest income | 1,101,000 | 2,207,000 | 3,312,000 | 4,444,000 |
| Noninterest income | 58,000 | 115,000 | 173,000 | 233,000 |
| Noninterest expense | 429,000 | 849,000 | 1,272,000 | 1,778,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 730,000 | 1,473,000 | 2,213,000 | 2,899,000 |
| Income tax | 266,000 | 540,000 | 813,000 | 1,060,000 |
| Net income | 464,000 | 933,000 | 1,400,000 | 1,839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,963,000 | 13,432,000 | 13,899,000 | 14,063,000 |
| Total capital | 13,673,000 | 14,092,000 | 14,504,000 | 14,664,000 |
| Risk-weighted assets | 75,718,000 | 76,716,000 | 78,164,000 | 81,585,000 |