Call reports 2013
SOUND BANKING COMPANY — 2013
What SOUND BANKING COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 44,784,000 | 46,669,000 | 44,470,000 | 43,857,000 |
| Total loans | 34,313,000 | 35,599,000 | 34,119,000 | 35,331,000 |
| Allowance for loan losses | 597,000 | 597,000 | 597,000 | 540,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,916,000 | 42,183,000 | 39,794,000 | 39,264,000 |
| Interest-bearing deposits | 31,349,000 | 28,495,000 | 30,511,000 | 29,931,000 |
| Noninterest-bearing deposits | 8,567,000 | 13,688,000 | 9,283,000 | 9,333,000 |
| Equity capital | 4,826,000 | 4,417,000 | 4,582,000 | 4,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 544,000 | 1,083,000 | 1,609,000 | 2,141,000 |
| Interest expense | 40,000 | 77,000 | 114,000 | 150,000 |
| Net interest income | 504,000 | 1,006,000 | 1,495,000 | 1,991,000 |
| Noninterest income | 40,000 | 81,000 | 185,000 | 235,000 |
| Noninterest expense | 320,000 | 672,000 | 1,010,000 | 1,508,000 |
| Provision for loan losses | 0 | 0 | 0 | 67,000 |
| Pretax income | 224,000 | 415,000 | 670,000 | 651,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 224,000 | 415,000 | 670,000 | 651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,826,000 | 4,417,000 | 4,582,000 | 4,563,000 |
| Total capital | 5,238,000 | 4,842,000 | 4,989,000 | 4,972,000 |
| Risk-weighted assets | 32,796,000 | 33,814,000 | 32,393,000 | 32,614,000 |