Call reports 2022
SOUND BANKING COMPANY — 2022
What SOUND BANKING COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 100,618,000 | 81,948,000 | 75,350,000 | 73,314,000 |
| Total loans | 38,590,000 | 35,068,000 | 34,434,000 | 36,233,000 |
| 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 | 94,858,000 | 76,473,000 | 69,384,000 | 67,588,000 |
| Interest-bearing deposits | 48,106,000 | 37,080,000 | 38,059,000 | 42,976,000 |
| Noninterest-bearing deposits | 46,752,000 | 39,393,000 | 31,325,000 | 24,612,000 |
| Equity capital | 5,672,000 | 5,348,000 | 5,785,000 | 5,635,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 611,000 | 1,309,000 | 2,081,000 | 3,001,000 |
| Interest expense | 8,000 | 16,000 | 26,000 | 39,000 |
| Net interest income | 603,000 | 1,293,000 | 2,055,000 | 2,962,000 |
| Noninterest income | 65,000 | 113,000 | 163,000 | 225,000 |
| Noninterest expense | 370,000 | 771,000 | 1,146,000 | 2,021,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 298,000 | 635,000 | 1,072,000 | 1,166,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 298,000 | 635,000 | 1,072,000 | 1,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,672,000 | 5,348,000 | 5,785,000 | 5,635,000 |
| Total capital | 6,176,000 | 5,814,000 | 6,221,000 | 6,087,000 |
| Risk-weighted assets | 40,195,000 | 37,143,000 | 34,720,000 | 35,989,000 |