Call reports 2018
SOLOMON STATE BANK — 2018
What SOLOMON STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 198,116,000 | 200,741,000 | 198,916,000 | 198,175,000 |
| Total loans | 171,572,000 | 172,492,000 | 172,804,000 | 159,087,000 |
| Allowance for loan losses | 5,703,000 | 5,791,000 | 5,465,000 | 2,897,000 |
| Securities available for sale | 9,322,000 | 9,281,000 | 9,270,000 | 10,316,000 |
| Securities held to maturity | 214,000 | 214,000 | 191,000 | 191,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,827,000 | 158,848,000 | 151,280,000 | 154,429,000 |
| Interest-bearing deposits | 150,428,000 | 148,853,000 | 141,113,000 | 142,050,000 |
| Noninterest-bearing deposits | 9,399,000 | 9,995,000 | 10,167,000 | 12,379,000 |
| Equity capital | 27,873,000 | 28,079,000 | 28,748,000 | 32,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,263,000 | 4,592,000 | 6,953,000 | 9,014,000 |
| Interest expense | 445,000 | 924,000 | 1,491,000 | 2,128,000 |
| Net interest income | 1,818,000 | 3,668,000 | 5,462,000 | 6,886,000 |
| Noninterest income | 49,000 | 101,000 | 145,000 | 197,000 |
| Noninterest expense | 737,000 | 1,429,000 | 2,140,000 | 2,474,000 |
| Provision for loan losses | 250,000 | 400,000 | 400,000 | 2,820,000 |
| Pretax income | 880,000 | 1,940,000 | 3,067,000 | 1,789,000 |
| Income tax | 36,000 | 82,000 | 130,000 | 76,000 |
| Net income | 844,000 | 1,858,000 | 2,937,000 | 1,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,895,000 | 28,108,000 | 28,788,000 | 32,564,000 |
| Total capital | 29,513,000 | 29,760,000 | 30,450,000 | 34,083,000 |
| Risk-weighted assets | 125,357,000 | 127,993,000 | 129,163,000 | 120,144,000 |