Call reports 2002
SOUND BANKING COMPANY — 2002
What SOUND BANKING COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 57,361,000 | 56,110,000 | 78,483,000 | 69,343,000 |
| Total loans | 26,150,000 | 26,076,000 | 26,638,000 | 24,718,000 |
| Allowance for loan losses | 285,000 | 273,000 | 315,000 | 323,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,381,000 | 2,486,000 | 3,778,000 | 3,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,104,000 | 52,000,000 | 74,151,000 | 65,038,000 |
| Interest-bearing deposits | 20,728,000 | 19,924,000 | 20,705,000 | 24,704,000 |
| Noninterest-bearing deposits | 32,376,000 | 32,076,000 | 53,446,000 | 40,334,000 |
| Equity capital | 3,916,000 | 3,699,000 | 3,875,000 | 3,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 668,000 | 1,320,000 | 1,989,000 | 2,662,000 |
| Interest expense | 166,000 | 323,000 | 463,000 | 597,000 |
| Net interest income | 502,000 | 997,000 | 1,526,000 | 2,065,000 |
| Noninterest income | 43,000 | 91,000 | 149,000 | 201,000 |
| Noninterest expense | 348,000 | 676,000 | 1,019,000 | 1,561,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 197,000 | 412,000 | 656,000 | 705,000 |
| Income tax | 56,000 | 117,000 | 185,000 | 180,000 |
| Net income | 141,000 | 295,000 | 471,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,916,000 | 3,699,000 | 3,875,000 | 3,929,000 |
| Total capital | 4,201,000 | 3,972,000 | 4,190,000 | 4,252,000 |
| Risk-weighted assets | 31,081,000 | 30,685,000 | 36,001,000 | 32,879,000 |