Call reports 2005
SOUND BANKING COMPANY — 2005
What SOUND BANKING COMPANY reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 49,716,000 | 49,682,000 | 49,885,000 | 54,932,000 |
| Total loans | 31,696,000 | 33,252,000 | 33,556,000 | 34,741,000 |
| Allowance for loan losses | 497,000 | 520,000 | 542,000 | 565,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,217,000 | 3,206,000 | 2,947,000 | 2,573,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,304,000 | 46,427,000 | 46,387,000 | 51,759,000 |
| Interest-bearing deposits | 25,360,000 | 25,957,000 | 28,857,000 | 33,069,000 |
| Noninterest-bearing deposits | 20,944,000 | 20,470,000 | 17,530,000 | 18,690,000 |
| Equity capital | 3,266,000 | 3,007,000 | 3,187,000 | 3,066,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 627,000 | 1,304,000 | 2,016,000 | 2,787,000 |
| Interest expense | 110,000 | 251,000 | 427,000 | 640,000 |
| Net interest income | 517,000 | 1,053,000 | 1,589,000 | 2,147,000 |
| Noninterest income | 44,000 | 93,000 | 137,000 | 191,000 |
| Noninterest expense | 304,000 | 623,000 | 954,000 | 1,600,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 257,000 | 523,000 | 772,000 | 738,000 |
| Income tax | 72,000 | 147,000 | 216,000 | 215,000 |
| Net income | 185,000 | 376,000 | 556,000 | 523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,266,000 | 3,007,000 | 3,187,000 | 3,066,000 |
| Total capital | 3,675,000 | 3,430,000 | 3,629,000 | 3,531,000 |
| Risk-weighted assets | 32,666,000 | 33,725,000 | 35,247,000 | 37,108,000 |