Call reports 2010
SOLOMON STATE BANK — 2010
What SOLOMON STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 176,831,000 | 178,630,000 | 183,591,000 | 180,930,000 |
| Total loans | 154,331,000 | 157,211,000 | 159,970,000 | 159,270,000 |
| Allowance for loan losses | 1,461,000 | 1,775,000 | 1,908,000 | 2,168,000 |
| Securities available for sale | 8,279,000 | 8,251,000 | 8,261,000 | 8,224,000 |
| Securities held to maturity | 359,000 | 359,000 | 346,000 | 346,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,571,000 | 135,182,000 | 139,553,000 | 136,197,000 |
| Interest-bearing deposits | 125,881,000 | 127,746,000 | 130,860,000 | 127,547,000 |
| Noninterest-bearing deposits | 7,690,000 | 7,436,000 | 8,693,000 | 8,650,000 |
| Equity capital | 19,990,000 | 20,535,000 | 21,138,000 | 20,578,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,601,000 | 5,300,000 | 8,026,000 | 10,717,000 |
| Interest expense | 975,000 | 1,926,000 | 2,832,000 | 3,644,000 |
| Net interest income | 1,626,000 | 3,374,000 | 5,194,000 | 7,073,000 |
| Noninterest income | 57,000 | 112,000 | 162,000 | 217,000 |
| Noninterest expense | 634,000 | 1,278,000 | 1,909,000 | 2,587,000 |
| Provision for loan losses | 160,000 | 470,000 | 770,000 | 1,170,000 |
| Pretax income | 889,000 | 1,738,000 | 2,677,000 | 3,533,000 |
| Income tax | 313,000 | 621,000 | 957,000 | 1,267,000 |
| Net income | 576,000 | 1,117,000 | 1,720,000 | 2,266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,991,000 | 20,532,000 | 21,135,000 | 20,581,000 |
| Total capital | 21,421,000 | 21,981,000 | 22,607,000 | 22,029,000 |
| Risk-weighted assets | 114,481,000 | 115,608,000 | 117,345,000 | 115,106,000 |