Call reports 2004
SANDHILLS BANK — 2004
What SANDHILLS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 55,277,000 | 55,599,000 | 55,562,000 | 57,333,000 |
| Total loans | 41,634,000 | 36,758,000 | 39,472,000 | 41,825,000 |
| Allowance for loan losses | 758,000 | 849,000 | 684,000 | 772,000 |
| Securities available for sale | 3,276,000 | 5,705,000 | 5,666,000 | 4,552,000 |
| Securities held to maturity | 1,947,000 | 2,351,000 | 3,347,000 | 3,343,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,034,000 | 45,524,000 | 44,552,000 | 47,196,000 |
| Interest-bearing deposits | 38,917,000 | 39,369,000 | 37,365,000 | 40,746,000 |
| Noninterest-bearing deposits | 6,117,000 | 6,155,000 | 7,187,000 | 6,450,000 |
| Equity capital | 6,133,000 | 5,892,000 | 6,132,000 | 6,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 732,000 | 1,610,000 | 2,460,000 | 3,236,000 |
| Interest expense | 214,000 | 420,000 | 612,000 | 828,000 |
| Net interest income | 518,000 | 1,190,000 | 1,848,000 | 2,408,000 |
| Noninterest income | 644,000 | 1,202,000 | 1,919,000 | 2,766,000 |
| Noninterest expense | 1,071,000 | 2,339,000 | 3,611,000 | 4,810,000 |
| Provision for loan losses | 60,000 | 192,000 | 192,000 | 332,000 |
| Pretax income | 31,000 | -138,000 | 30,000 | 151,000 |
| Income tax | 9,000 | -53,000 | 7,000 | 37,000 |
| Net income | 22,000 | -85,000 | 23,000 | 114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,903,000 | 5,797,000 | 5,905,000 | 5,996,000 |
| Total capital | 6,406,000 | 6,312,000 | 6,434,000 | 6,580,000 |
| Risk-weighted assets | 40,277,000 | 40,809,000 | 42,181,000 | 46,535,000 |