Call reports 2010
SANDHILLS BANK — 2010
What SANDHILLS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 66,609,000 | 67,474,000 | 65,256,000 | 60,142,000 |
| Total loans | 32,533,000 | 25,747,000 | 23,953,000 | 21,300,000 |
| Allowance for loan losses | 0 | 251,000 | 349,000 | 392,000 |
| Securities available for sale | 12,601,000 | 10,446,000 | 19,743,000 | 20,475,000 |
| Securities held to maturity | 2,165,000 | 1,980,000 | 1,458,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,556,000 | 55,999,000 | 53,853,000 | 53,893,000 |
| Interest-bearing deposits | 48,438,000 | 49,174,000 | 47,753,000 | 48,691,000 |
| Noninterest-bearing deposits | 6,118,000 | 6,825,000 | 6,100,000 | 5,202,000 |
| Equity capital | 11,259,000 | 10,728,000 | 10,420,000 | 5,536,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 670,000 | 1,204,000 | 1,774,000 | 2,299,000 |
| Interest expense | 156,000 | 315,000 | 474,000 | 637,000 |
| Net interest income | 514,000 | 889,000 | 1,300,000 | 1,662,000 |
| Noninterest income | 32,000 | 124,000 | 178,000 | 211,000 |
| Noninterest expense | 668,000 | 1,453,000 | 2,239,000 | 7,467,000 |
| Provision for loan losses | 0 | 250,000 | 350,000 | 375,000 |
| Pretax income | -84,000 | -620,000 | -1,041,000 | -5,899,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -84,000 | -620,000 | -1,041,000 | -5,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,221,000 | 5,697,000 | 5,297,000 | 5,009,000 |
| Total capital | 6,221,000 | 5,948,000 | 5,646,000 | 5,401,000 |
| Risk-weighted assets | 39,880,000 | 34,127,000 | 32,650,000 | 30,702,000 |