Call reports 2006
SOUND BANKING COMPANY — 2006
What SOUND BANKING COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 46,390,000 | 54,813,000 | 56,440,000 | 59,577,000 |
| Total loans | 35,109,000 | 35,417,000 | 36,801,000 | 36,238,000 |
| Allowance for loan losses | 587,000 | 610,000 | 632,000 | 500,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,565,000 | 2,557,000 | 2,551,000 | 2,338,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,007,000 | 51,619,000 | 52,991,000 | 56,047,000 |
| Interest-bearing deposits | 28,064,000 | 30,047,000 | 17,544,000 | 32,832,000 |
| Noninterest-bearing deposits | 14,943,000 | 21,572,000 | 35,447,000 | 23,215,000 |
| Equity capital | 3,316,000 | 3,118,000 | 3,352,000 | 3,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 749,000 | 1,543,000 | 2,377,000 | 3,252,000 |
| Interest expense | 229,000 | 473,000 | 767,000 | 1,100,000 |
| Net interest income | 520,000 | 1,070,000 | 1,610,000 | 2,152,000 |
| Noninterest income | 44,000 | 91,000 | 137,000 | 198,000 |
| Noninterest expense | 314,000 | 659,000 | 1,011,000 | 1,629,000 |
| Provision for loan losses | 0 | 0 | 0 | -220,000 |
| Pretax income | 250,000 | 502,000 | 736,000 | 941,000 |
| Income tax | 0 | 0 | 0 | 135,000 |
| Net income | 250,000 | 502,000 | 736,000 | 806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,316,000 | 3,118,000 | 3,352,000 | 3,349,000 |
| Total capital | 3,762,000 | 3,580,000 | 3,832,000 | 3,819,000 |
| Risk-weighted assets | 35,552,000 | 36,838,000 | 38,235,000 | 37,769,000 |