Call reports 2021
SOUND BANKING COMPANY — 2021
What SOUND BANKING COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 95,668,000 | 77,866,000 | 92,763,000 | 101,877,000 |
| Total loans | 40,505,000 | 38,957,000 | 39,763,000 | 39,232,000 |
| 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 | 90,082,000 | 72,568,000 | 87,143,000 | 96,443,000 |
| Interest-bearing deposits | 46,532,000 | 50,491,000 | 57,656,000 | 44,447,000 |
| Noninterest-bearing deposits | 43,550,000 | 22,077,000 | 29,487,000 | 51,996,000 |
| Equity capital | 5,477,000 | 5,143,000 | 5,475,000 | 5,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 641,000 | 1,275,000 | 1,922,000 | 2,559,000 |
| Interest expense | 28,000 | 46,000 | 58,000 | 68,000 |
| Net interest income | 613,000 | 1,229,000 | 1,864,000 | 2,491,000 |
| Noninterest income | 39,000 | 78,000 | 131,000 | 232,000 |
| Noninterest expense | 378,000 | 730,000 | 1,086,000 | 1,793,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 274,000 | 577,000 | 909,000 | 930,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 274,000 | 577,000 | 909,000 | 930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,477,000 | 5,143,000 | 5,475,000 | 5,374,000 |
| Total capital | 5,961,000 | 5,653,000 | 5,992,000 | 5,887,000 |
| Risk-weighted assets | 38,575,000 | 40,669,000 | 41,284,000 | 40,910,000 |