Call reports 2014
SANDHILLS BANK — 2014
What SANDHILLS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 91,076,000 | 102,905,000 | 99,783,000 | 102,263,000 |
| Total loans | 52,451,000 | 55,448,000 | 57,336,000 | 61,857,000 |
| Allowance for loan losses | 653,000 | 697,000 | 757,000 | 808,000 |
| Securities available for sale | 26,765,000 | 24,346,000 | 22,578,000 | 26,509,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,196,000 | 84,206,000 | 82,463,000 | 81,339,000 |
| Interest-bearing deposits | 68,524,000 | 79,805,000 | 77,961,000 | 77,014,000 |
| Noninterest-bearing deposits | 3,672,000 | 4,401,000 | 4,502,000 | 4,325,000 |
| Equity capital | 8,070,000 | 11,008,000 | 11,010,000 | 11,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 874,000 | 1,802,000 | 2,729,000 | 3,709,000 |
| Interest expense | 118,000 | 252,000 | 395,000 | 534,000 |
| Net interest income | 756,000 | 1,550,000 | 2,334,000 | 3,175,000 |
| Noninterest income | 224,000 | 362,000 | 435,000 | 419,000 |
| Noninterest expense | 733,000 | 1,550,000 | 2,315,000 | 2,934,000 |
| Provision for loan losses | 20,000 | 60,000 | 120,000 | 170,000 |
| Pretax income | 261,000 | 433,000 | 579,000 | 735,000 |
| Income tax | -75,000 | -2,783,000 | -2,740,000 | -2,712,000 |
| Net income | 336,000 | 3,216,000 | 3,319,000 | 3,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,899,000 | 7,901,000 | 7,976,000 | 7,963,000 |
| Total capital | 8,530,000 | 8,598,000 | 8,700,000 | 8,739,000 |
| Risk-weighted assets | 50,428,000 | 55,864,000 | 57,847,000 | 62,062,000 |