Call reports 2009
SANDHILLS BANK — 2009
What SANDHILLS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 70,137,000 | 66,792,000 | 66,164,000 | 70,807,000 |
| Total loans | 47,729,000 | 44,520,000 | 41,899,000 | 33,656,000 |
| Allowance for loan losses | 1,897,000 | 1,952,000 | 1,846,000 | 0 |
| Securities available for sale | 1,592,000 | 1,944,000 | 2,175,000 | 0 |
| Securities held to maturity | 2,328,000 | 2,325,000 | 2,322,000 | 2,167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,981,000 | 62,268,000 | 61,570,000 | 58,639,000 |
| Interest-bearing deposits | 59,659,000 | 56,271,000 | 54,147,000 | 51,592,000 |
| Noninterest-bearing deposits | 5,322,000 | 5,997,000 | 7,423,000 | 7,047,000 |
| Equity capital | 4,539,000 | 3,914,000 | 3,966,000 | 11,384,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 868,000 | 1,627,000 | 2,284,000 | 406,000 |
| Interest expense | 412,000 | 801,000 | 1,113,000 | 107,000 |
| Net interest income | 456,000 | 826,000 | 1,171,000 | 299,000 |
| Noninterest income | 120,000 | -129,000 | -81,000 | 51,000 |
| Noninterest expense | 549,000 | 1,143,000 | 1,715,000 | 527,000 |
| Provision for loan losses | 900,000 | 2,000,000 | 2,000,000 | 0 |
| Pretax income | -850,000 | -2,423,000 | -2,602,000 | -138,000 |
| Income tax | -314,000 | -886,000 | -958,000 | 0 |
| Net income | -536,000 | -1,537,000 | -1,644,000 | -138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,757,000 | 2,526,000 | 2,403,000 | 6,292,000 |
| Total capital | 4,429,000 | 3,171,000 | 3,024,000 | 6,292,000 |
| Risk-weighted assets | 52,508,000 | 50,267,000 | 48,416,000 | 39,125,000 |