Call reports 2017
SOLOMON STATE BANK — 2017
What SOLOMON STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 200,258,000 | 198,399,000 | 193,305,000 | 199,423,000 |
| Total loans | 171,878,000 | 170,742,000 | 167,278,000 | 170,402,000 |
| Allowance for loan losses | 5,669,000 | 5,760,000 | 5,872,000 | 5,627,000 |
| Securities available for sale | 8,676,000 | 8,916,000 | 8,925,000 | 8,907,000 |
| Securities held to maturity | 236,000 | 236,000 | 214,000 | 214,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,966,000 | 158,997,000 | 156,178,000 | 160,901,000 |
| Interest-bearing deposits | 151,363,000 | 149,491,000 | 146,414,000 | 151,862,000 |
| Noninterest-bearing deposits | 9,603,000 | 9,506,000 | 9,764,000 | 9,039,000 |
| Equity capital | 27,985,000 | 27,837,000 | 28,093,000 | 28,970,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,245,000 | 4,497,000 | 6,761,000 | 9,013,000 |
| Interest expense | 418,000 | 838,000 | 1,265,000 | 1,706,000 |
| Net interest income | 1,827,000 | 3,659,000 | 5,496,000 | 7,307,000 |
| Noninterest income | 61,000 | 135,000 | 180,000 | 243,000 |
| Noninterest expense | 732,000 | 1,442,000 | 2,191,000 | 2,960,000 |
| Provision for loan losses | 0 | 200,000 | 600,000 | 782,000 |
| Pretax income | 1,156,000 | 2,152,000 | 2,885,000 | 3,808,000 |
| Income tax | 48,000 | 91,000 | 123,000 | 163,000 |
| Net income | 1,108,000 | 2,061,000 | 2,762,000 | 3,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,992,000 | 27,845,000 | 28,098,000 | 28,981,000 |
| Total capital | 29,573,000 | 29,441,000 | 29,704,000 | 30,609,000 |
| Risk-weighted assets | 122,399,000 | 123,549,000 | 124,223,000 | 126,220,000 |