Call reports 2017
SOUND BANKING COMPANY — 2017
What SOUND BANKING COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 50,452,000 | 69,894,000 | 62,414,000 | 54,395,000 |
| Total loans | 39,092,000 | 42,875,000 | 42,022,000 | 41,955,000 |
| Allowance for loan losses | 524,000 | 529,000 | 547,000 | 634,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,241,000 | 64,861,000 | 56,951,000 | 49,164,000 |
| Interest-bearing deposits | 26,495,000 | 39,514,000 | 27,089,000 | 27,191,000 |
| Noninterest-bearing deposits | 18,746,000 | 25,347,000 | 29,862,000 | 21,973,000 |
| Equity capital | 4,942,000 | 4,727,000 | 5,103,000 | 4,844,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 610,000 | 1,295,000 | 2,005,000 | 2,697,000 |
| Interest expense | 18,000 | 40,000 | 62,000 | 83,000 |
| Net interest income | 592,000 | 1,255,000 | 1,943,000 | 2,614,000 |
| Noninterest income | 42,000 | 90,000 | 119,000 | 150,000 |
| Noninterest expense | 366,000 | 727,000 | 1,067,000 | 1,794,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 268,000 | 618,000 | 995,000 | 970,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 268,000 | 618,000 | 995,000 | 970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,942,000 | 4,727,000 | 5,103,000 | 4,844,000 |
| Total capital | 5,406,000 | 5,239,000 | 5,605,000 | 5,350,000 |
| Risk-weighted assets | 37,079,000 | 40,950,000 | 40,133,000 | 40,363,000 |