Call reports 2018
SOUND BANKING COMPANY — 2018
What SOUND BANKING COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 58,663,000 | 64,153,000 | 53,937,000 | 61,217,000 |
| Total loans | 40,393,000 | 42,616,000 | 40,987,000 | 41,431,000 |
| Allowance for loan losses | 634,000 | 634,000 | 634,000 | 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 | 53,369,000 | 58,967,000 | 48,168,000 | 55,871,000 |
| Interest-bearing deposits | 30,183,000 | 40,178,000 | 29,215,000 | 29,282,000 |
| Noninterest-bearing deposits | 23,186,000 | 18,789,000 | 18,953,000 | 26,589,000 |
| Equity capital | 5,196,000 | 5,083,000 | 5,626,000 | 5,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 675,000 | 1,357,000 | 2,192,000 | 2,924,000 |
| Interest expense | 21,000 | 46,000 | 72,000 | 112,000 |
| Net interest income | 654,000 | 1,311,000 | 2,120,000 | 2,812,000 |
| Noninterest income | 60,000 | 94,000 | 130,000 | 174,000 |
| Noninterest expense | 362,000 | 731,000 | 1,087,000 | 1,882,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 352,000 | 674,000 | 1,163,000 | 1,104,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 352,000 | 674,000 | 1,163,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,196,000 | 5,083,000 | 5,626,000 | 5,274,000 |
| Total capital | 5,688,000 | 5,639,000 | 6,121,000 | 5,776,000 |
| Risk-weighted assets | 39,283,000 | 44,462,000 | 39,488,000 | 40,055,000 |