Call reports 2013
SANDHILLS BANK — 2013
What SANDHILLS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 74,446,000 | 73,720,000 | 79,797,000 | 81,581,000 |
| Total loans | 37,037,000 | 40,636,000 | 44,961,000 | 48,960,000 |
| Allowance for loan losses | 540,000 | 505,000 | 507,000 | 626,000 |
| Securities available for sale | 21,790,000 | 23,221,000 | 23,717,000 | 22,083,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,379,000 | 64,021,000 | 67,353,000 | 68,153,000 |
| Interest-bearing deposits | 60,909,000 | 60,349,000 | 63,802,000 | 64,639,000 |
| Noninterest-bearing deposits | 4,470,000 | 3,672,000 | 3,551,000 | 3,514,000 |
| Equity capital | 8,315,000 | 7,858,000 | 7,491,000 | 7,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 758,000 | 1,535,000 | 2,387,000 | 3,236,000 |
| Interest expense | 120,000 | 231,000 | 345,000 | 463,000 |
| Net interest income | 638,000 | 1,304,000 | 2,042,000 | 2,773,000 |
| Noninterest income | 73,000 | 159,000 | 241,000 | 459,000 |
| Noninterest expense | 630,000 | 1,245,000 | 1,882,000 | 2,586,000 |
| Provision for loan losses | 0 | 0 | 0 | 125,000 |
| Pretax income | 132,000 | 269,000 | 454,000 | 586,000 |
| Income tax | 6,000 | 12,000 | 29,000 | 0 |
| Net income | 126,000 | 257,000 | 425,000 | 586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,266,000 | 7,369,000 | 7,508,000 | 7,591,000 |
| Total capital | 7,729,000 | 7,874,000 | 8,015,000 | 8,160,000 |
| Risk-weighted assets | 36,922,000 | 41,298,000 | 43,385,000 | 45,455,000 |