Call reports 2002
SANDHILLS BANK — 2002
What SANDHILLS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 61,085,000 | 64,557,000 | 67,132,000 | 65,862,000 |
| Total loans | 51,495,000 | 53,241,000 | 56,132,000 | 53,187,000 |
| Allowance for loan losses | 812,000 | 913,000 | 944,000 | 996,000 |
| Securities available for sale | 2,217,000 | 2,124,000 | 2,038,000 | 2,116,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,557,000 | 54,702,000 | 56,756,000 | 55,424,000 |
| Interest-bearing deposits | 44,099,000 | 48,404,000 | 49,119,000 | 48,386,000 |
| Noninterest-bearing deposits | 7,458,000 | 6,298,000 | 7,637,000 | 7,038,000 |
| Equity capital | 4,997,000 | 5,079,000 | 5,238,000 | 5,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,083,000 | 2,168,000 | 3,472,000 | 4,703,000 |
| Interest expense | 366,000 | 690,000 | 1,032,000 | 1,362,000 |
| Net interest income | 717,000 | 1,478,000 | 2,440,000 | 3,341,000 |
| Noninterest income | 369,000 | 720,000 | 1,291,000 | 2,301,000 |
| Noninterest expense | 866,000 | 1,792,000 | 3,052,000 | 4,572,000 |
| Provision for loan losses | 100,000 | 210,000 | 260,000 | 460,000 |
| Pretax income | 161,000 | 272,000 | 495,000 | 686,000 |
| Income tax | 55,000 | 89,000 | 168,000 | 229,000 |
| Net income | 106,000 | 183,000 | 327,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,973,000 | 5,050,000 | 5,194,000 | 5,324,000 |
| Total capital | 5,562,000 | 5,672,000 | 5,817,000 | 5,925,000 |
| Risk-weighted assets | 46,909,000 | 49,502,000 | 49,489,000 | 47,623,000 |