Call reports 2001
SOUND BANKING COMPANY — 2001
What SOUND BANKING COMPANY reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 51,505,000 | 51,624,000 | 48,985,000 | 60,078,000 |
| Total loans | 28,154,000 | 28,728,000 | 28,172,000 | 28,017,000 |
| Allowance for loan losses | 270,000 | 270,000 | 270,000 | 270,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,601,000 | 2,336,000 | 2,370,000 | 2,367,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,212,000 | 47,716,000 | 45,061,000 | 56,028,000 |
| Interest-bearing deposits | 20,012,000 | 17,718,000 | 18,316,000 | 18,612,000 |
| Noninterest-bearing deposits | 27,200,000 | 29,999,000 | 26,745,000 | 37,416,000 |
| Equity capital | 3,949,000 | 3,589,000 | 3,602,000 | 3,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 797,000 | 1,559,000 | 2,316,000 | 3,036,000 |
| Interest expense | 250,000 | 463,000 | 674,000 | 859,000 |
| Net interest income | 547,000 | 1,096,000 | 1,642,000 | 2,177,000 |
| Noninterest income | 43,000 | 86,000 | 138,000 | 183,000 |
| Noninterest expense | 340,000 | 710,000 | 1,083,000 | 1,429,000 |
| Provision for loan losses | 0 | 222,000 | 443,000 | 443,000 |
| Pretax income | 250,000 | 250,000 | 254,000 | 488,000 |
| Income tax | 76,000 | 67,000 | 57,000 | 118,000 |
| Net income | 174,000 | 183,000 | 197,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,949,000 | 3,589,000 | 3,602,000 | 3,775,000 |
| Total capital | 4,219,000 | 3,859,000 | 3,872,000 | 4,045,000 |
| Risk-weighted assets | 32,067,000 | 31,616,000 | 30,977,000 | 32,904,000 |