Call reports 2014
SOUND BANKING COMPANY — 2014
What SOUND BANKING COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 43,551,000 | 47,671,000 | 53,717,000 | 49,408,000 |
| Total loans | 35,845,000 | 37,351,000 | 37,120,000 | 36,924,000 |
| Allowance for loan losses | 540,000 | 540,000 | 515,000 | 519,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,742,000 | 43,125,000 | 48,560,000 | 44,213,000 |
| Interest-bearing deposits | 27,929,000 | 30,727,000 | 32,898,000 | 29,429,000 |
| Noninterest-bearing deposits | 10,813,000 | 12,398,000 | 15,662,000 | 14,784,000 |
| Equity capital | 4,753,000 | 4,460,000 | 4,644,000 | 4,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 518,000 | 1,081,000 | 1,660,000 | 2,236,000 |
| Interest expense | 31,000 | 62,000 | 93,000 | 124,000 |
| Net interest income | 487,000 | 1,019,000 | 1,567,000 | 2,112,000 |
| Noninterest income | 45,000 | 101,000 | 139,000 | 184,000 |
| Noninterest expense | 342,000 | 675,000 | 1,014,000 | 1,571,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 190,000 | 445,000 | 692,000 | 725,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 190,000 | 445,000 | 692,000 | 725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,753,000 | 4,460,000 | 4,644,000 | 4,740,000 |
| Total capital | 5,164,000 | 4,882,000 | 5,063,000 | 5,151,000 |
| Risk-weighted assets | 32,773,000 | 33,629,000 | 33,441,000 | 32,827,000 |