Call reports 2012
SOLOMON STATE BANK — 2012
What SOLOMON STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 185,708,000 | 187,501,000 | 193,835,000 | 201,394,000 |
| Total loans | 161,432,000 | 164,735,000 | 166,862,000 | 175,896,000 |
| Allowance for loan losses | 3,159,000 | 3,662,000 | 4,042,000 | 4,361,000 |
| Securities available for sale | 8,488,000 | 8,464,000 | 8,450,000 | 8,441,000 |
| Securities held to maturity | 329,000 | 329,000 | 312,000 | 312,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,439,000 | 152,573,000 | 159,661,000 | 169,014,000 |
| Interest-bearing deposits | 140,796,000 | 144,333,000 | 149,272,000 | 157,633,000 |
| Noninterest-bearing deposits | 9,643,000 | 8,240,000 | 10,389,000 | 11,381,000 |
| Equity capital | 23,607,000 | 24,190,000 | 24,711,000 | 22,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,516,000 | 5,022,000 | 7,484,000 | 10,027,000 |
| Interest expense | 543,000 | 1,067,000 | 1,566,000 | 2,070,000 |
| Net interest income | 1,973,000 | 3,955,000 | 5,918,000 | 7,957,000 |
| Noninterest income | 55,000 | 103,000 | 149,000 | 194,000 |
| Noninterest expense | 600,000 | 1,224,000 | 1,865,000 | 2,637,000 |
| Provision for loan losses | 375,000 | 875,000 | 1,425,000 | 1,875,000 |
| Pretax income | 1,053,000 | 1,959,000 | 2,777,000 | 3,639,000 |
| Income tax | 367,000 | 690,000 | 988,000 | 1,352,000 |
| Net income | 686,000 | 1,269,000 | 1,789,000 | 2,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,609,000 | 24,192,000 | 24,711,000 | 22,210,000 |
| Total capital | 25,037,000 | 25,648,000 | 26,229,000 | 23,823,000 |
| Risk-weighted assets | 112,502,000 | 114,289,000 | 118,940,000 | 126,264,000 |