Call reports 2019
SOUND BANKING COMPANY — 2019
What SOUND BANKING COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 55,861,000 | 53,396,000 | 56,942,000 | 54,721,000 |
| Total loans | 40,116,000 | 38,832,000 | 37,241,000 | 38,419,000 |
| 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 | 50,107,000 | 47,910,000 | 51,067,000 | 49,320,000 |
| Interest-bearing deposits | 32,047,000 | 32,778,000 | 17,636,000 | 34,431,000 |
| Noninterest-bearing deposits | 18,060,000 | 15,132,000 | 33,431,000 | 14,889,000 |
| Equity capital | 5,672,000 | 5,359,000 | 5,707,000 | 5,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 740,000 | 1,484,000 | 2,216,000 | 2,919,000 |
| Interest expense | 54,000 | 118,000 | 186,000 | 247,000 |
| Net interest income | 686,000 | 1,366,000 | 2,030,000 | 2,672,000 |
| Noninterest income | 87,000 | 122,000 | 161,000 | 222,000 |
| Noninterest expense | 375,000 | 743,000 | 1,098,000 | 1,846,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 398,000 | 745,000 | 1,093,000 | 1,048,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 398,000 | 745,000 | 1,093,000 | 1,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,672,000 | 5,359,000 | 5,707,000 | 5,319,000 |
| Total capital | 6,154,000 | 5,826,000 | 6,133,000 | 5,783,000 |
| Risk-weighted assets | 38,450,000 | 37,244,000 | 33,864,000 | 36,996,000 |