Call reports 2011
SOUND BANKING COMPANY — 2011
What SOUND BANKING COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 51,868,000 | 50,753,000 | 55,238,000 | 51,914,000 |
| Total loans | 39,235,000 | 39,721,000 | 40,167,000 | 37,637,000 |
| Allowance for loan losses | 614,000 | 614,000 | 586,000 | 592,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 100,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,874,000 | 46,693,000 | 51,100,000 | 47,851,000 |
| Interest-bearing deposits | 41,160,000 | 38,944,000 | 38,682,000 | 40,120,000 |
| Noninterest-bearing deposits | 6,714,000 | 7,749,000 | 12,418,000 | 7,731,000 |
| Equity capital | 3,928,000 | 3,971,000 | 4,032,000 | 3,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 657,000 | 1,306,000 | 1,962,000 | 2,621,000 |
| Interest expense | 126,000 | 246,000 | 352,000 | 445,000 |
| Net interest income | 531,000 | 1,060,000 | 1,610,000 | 2,176,000 |
| Noninterest income | 40,000 | 79,000 | 116,000 | 166,000 |
| Noninterest expense | 385,000 | 761,000 | 1,118,000 | 1,619,000 |
| Provision for loan losses | 0 | 0 | 170,000 | 320,000 |
| Pretax income | 186,000 | 378,000 | 438,000 | 403,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 186,000 | 378,000 | 438,000 | 403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,928,000 | 3,971,000 | 4,032,000 | 3,996,000 |
| Total capital | 4,381,000 | 4,421,000 | 4,491,000 | 4,427,000 |
| Risk-weighted assets | 36,052,000 | 35,811,000 | 36,564,000 | 34,286,000 |