Call reports 2016
SANDHILLS BANK — 2016
What SANDHILLS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 139,096,000 | 167,839,000 | 160,959,000 | 170,038,000 |
| Total loans | 80,637,000 | 112,416,000 | 117,757,000 | 122,435,000 |
| Allowance for loan losses | 902,000 | 952,000 | 1,050,000 | 1,094,000 |
| Securities available for sale | 31,188,000 | 21,535,000 | 16,241,000 | 13,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,945,000 | 129,814,000 | 137,965,000 | 147,279,000 |
| Interest-bearing deposits | 108,482,000 | 117,577,000 | 123,652,000 | 131,529,000 |
| Noninterest-bearing deposits | 11,463,000 | 12,237,000 | 14,313,000 | 15,750,000 |
| Equity capital | 17,247,000 | 17,388,000 | 17,437,000 | 17,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,185,000 | 2,435,000 | 3,913,000 | 5,465,000 |
| Interest expense | 140,000 | 305,000 | 515,000 | 740,000 |
| Net interest income | 1,045,000 | 2,130,000 | 3,398,000 | 4,725,000 |
| Noninterest income | 131,000 | 426,000 | 720,000 | 974,000 |
| Noninterest expense | 1,240,000 | 2,553,000 | 3,891,000 | 5,284,000 |
| Provision for loan losses | 12,000 | 62,000 | 165,000 | 210,000 |
| Pretax income | -45,000 | -29,000 | 102,000 | 245,000 |
| Income tax | -12,000 | -9,000 | 26,000 | 66,000 |
| Net income | -33,000 | -20,000 | 76,000 | 179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,372,000 | 13,409,000 | 13,536,000 | 13,565,000 |
| Total capital | 14,274,000 | 14,361,000 | 14,586,000 | 14,659,000 |
| Risk-weighted assets | 84,436,000 | 103,674,000 | 106,254,000 | 109,922,000 |