Call reports 2008
SOUND BANKING COMPANY — 2008
What SOUND BANKING COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 50,005,000 | 49,787,000 | 51,705,000 | 49,605,000 |
| Total loans | 37,436,000 | 37,917,000 | 38,423,000 | 38,984,000 |
| Allowance for loan losses | 500,000 | 500,000 | 500,000 | 500,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,523,000 | 1,520,000 | 1,018,000 | 442,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,217,000 | 46,183,000 | 47,866,000 | 45,959,000 |
| Interest-bearing deposits | 30,111,000 | 31,840,000 | 36,240,000 | 35,054,000 |
| Noninterest-bearing deposits | 16,106,000 | 14,343,000 | 11,626,000 | 10,906,000 |
| Equity capital | 3,644,000 | 3,430,000 | 3,687,000 | 3,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 749,000 | 1,489,000 | 2,237,000 | 2,966,000 |
| Interest expense | 271,000 | 508,000 | 744,000 | 958,000 |
| Net interest income | 478,000 | 981,000 | 1,493,000 | 2,008,000 |
| Noninterest income | 55,000 | 111,000 | 168,000 | 663,000 |
| Noninterest expense | 325,000 | 648,000 | 960,000 | 1,567,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 208,000 | 444,000 | 701,000 | 1,104,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 208,000 | 444,000 | 701,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,644,000 | 3,430,000 | 3,687,000 | 3,535,000 |
| Total capital | 4,099,000 | 3,884,000 | 4,150,000 | 4,019,000 |
| Risk-weighted assets | 36,354,000 | 36,274,000 | 37,004,000 | 38,678,000 |