Call reports 2019
SOLOMON STATE BANK — 2019
What SOLOMON STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 197,303,000 | 191,053,000 | 203,049,000 | 204,861,000 |
| Total loans | 157,616,000 | 157,717,000 | 155,426,000 | 152,070,000 |
| Allowance for loan losses | 2,895,000 | 2,952,000 | 3,133,000 | 3,594,000 |
| Securities available for sale | 12,457,000 | 12,533,000 | 11,551,000 | 12,578,000 |
| Securities held to maturity | 191,000 | 191,000 | 167,000 | 167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,657,000 | 147,453,000 | 158,433,000 | 161,240,000 |
| Interest-bearing deposits | 142,767,000 | 138,942,000 | 150,040,000 | 152,390,000 |
| Noninterest-bearing deposits | 10,890,000 | 8,511,000 | 8,393,000 | 8,851,000 |
| Equity capital | 33,333,000 | 34,118,000 | 34,959,000 | 34,355,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,262,000 | 4,548,000 | 6,919,000 | 9,214,000 |
| Interest expense | 663,000 | 1,338,000 | 2,072,000 | 2,787,000 |
| Net interest income | 1,599,000 | 3,210,000 | 4,847,000 | 6,427,000 |
| Noninterest income | 51,000 | 208,000 | 245,000 | 281,000 |
| Noninterest expense | 925,000 | 1,673,000 | 2,491,000 | 3,150,000 |
| Provision for loan losses | 0 | 275,000 | 300,000 | 550,000 |
| Pretax income | 725,000 | 1,470,000 | 2,301,000 | 3,008,000 |
| Income tax | 27,000 | 59,000 | 96,000 | 146,000 |
| Net income | 698,000 | 1,411,000 | 2,205,000 | 2,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,263,000 | 33,975,000 | 34,770,000 | 34,176,000 |
| Total capital | 34,760,000 | 35,408,000 | 36,203,000 | 35,588,000 |
| Risk-weighted assets | 118,400,000 | 113,093,000 | 112,941,000 | 110,754,000 |