Call reports 2007
SOUND BANKING COMPANY — 2007
What SOUND BANKING COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 54,608,000 | 53,308,000 | 48,209,000 | 47,588,000 |
| Total loans | 36,086,000 | 36,606,000 | 38,382,000 | 37,470,000 |
| Allowance for loan losses | 500,000 | 500,000 | 500,000 | 500,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,331,000 | 2,191,000 | 2,186,000 | 1,526,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,880,000 | 49,764,000 | 44,460,000 | 43,982,000 |
| Interest-bearing deposits | 34,728,000 | 35,907,000 | 32,153,000 | 30,914,000 |
| Noninterest-bearing deposits | 16,152,000 | 13,857,000 | 12,307,000 | 13,068,000 |
| Equity capital | 3,549,000 | 3,319,000 | 3,536,000 | 3,436,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 815,000 | 1,671,000 | 2,543,000 | 3,356,000 |
| Interest expense | 318,000 | 656,000 | 1,020,000 | 1,342,000 |
| Net interest income | 497,000 | 1,015,000 | 1,523,000 | 2,014,000 |
| Noninterest income | 56,000 | 107,000 | 159,000 | 247,000 |
| Noninterest expense | 353,000 | 702,000 | 1,045,000 | 1,631,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 200,000 | 420,000 | 637,000 | 630,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 200,000 | 420,000 | 637,000 | 630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,549,000 | 3,319,000 | 3,536,000 | 3,436,000 |
| Total capital | 4,005,000 | 3,773,000 | 4,001,000 | 3,883,000 |
| Risk-weighted assets | 36,459,000 | 36,235,000 | 37,158,000 | 35,726,000 |