Call reports 2009
SOUND BANKING COMPANY — 2009
What SOUND BANKING COMPANY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 50,118,000 | 48,420,000 | 51,920,000 | 48,941,000 |
| Total loans | 39,258,000 | 40,115,000 | 41,552,000 | 41,761,000 |
| Allowance for loan losses | 500,000 | 500,000 | 500,000 | 500,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 442,000 | 287,000 | 286,000 | 101,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,190,000 | 44,675,000 | 47,925,000 | 45,202,000 |
| Interest-bearing deposits | 31,104,000 | 33,692,000 | 35,525,000 | 37,511,000 |
| Noninterest-bearing deposits | 13,086,000 | 10,983,000 | 12,400,000 | 7,691,000 |
| Equity capital | 3,804,000 | 3,600,000 | 3,843,000 | 3,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 684,000 | 1,381,000 | 2,100,000 | 2,836,000 |
| Interest expense | 166,000 | 327,000 | 497,000 | 678,000 |
| Net interest income | 518,000 | 1,054,000 | 1,603,000 | 2,158,000 |
| Noninterest income | 53,000 | 95,000 | 109,000 | 152,000 |
| Noninterest expense | 303,000 | 634,000 | 954,000 | 1,485,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 268,000 | 515,000 | 758,000 | 825,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 268,000 | 515,000 | 758,000 | 825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,804,000 | 3,600,000 | 3,843,000 | 3,709,000 |
| Total capital | 4,268,000 | 4,059,000 | 4,302,000 | 4,178,000 |
| Risk-weighted assets | 37,093,000 | 36,710,000 | 36,676,000 | 37,497,000 |