Call reports 2017
SANDHILLS BANK — 2017
What SANDHILLS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 174,726,000 | 184,780,000 | 181,962,000 | 175,755,000 |
| Total loans | 132,361,000 | 136,565,000 | 137,057,000 | 136,230,000 |
| Allowance for loan losses | 1,120,000 | 1,141,000 | 1,169,000 | 1,272,000 |
| Securities available for sale | 13,488,000 | 10,370,000 | 10,153,000 | 9,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,998,000 | 161,834,000 | 158,820,000 | 153,556,000 |
| Interest-bearing deposits | 136,807,000 | 145,737,000 | 144,519,000 | 139,140,000 |
| Noninterest-bearing deposits | 15,191,000 | 16,097,000 | 14,301,000 | 14,416,000 |
| Equity capital | 17,213,000 | 17,350,000 | 17,458,000 | 16,526,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,628,000 | 3,369,000 | 5,155,000 | 6,946,000 |
| Interest expense | 254,000 | 530,000 | 816,000 | 1,103,000 |
| Net interest income | 1,374,000 | 2,839,000 | 4,339,000 | 5,843,000 |
| Noninterest income | 331,000 | 564,000 | 822,000 | 1,074,000 |
| Noninterest expense | 1,362,000 | 2,746,000 | 4,149,000 | 5,585,000 |
| Provision for loan losses | 30,000 | 30,000 | 60,000 | 90,000 |
| Pretax income | 313,000 | 696,000 | 1,021,000 | 1,311,000 |
| Income tax | 79,000 | 246,000 | 362,000 | 1,380,000 |
| Net income | 234,000 | 450,000 | 659,000 | -69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,638,000 | 13,909,000 | 14,130,000 | 14,280,000 |
| Total capital | 14,758,000 | 15,050,000 | 15,299,000 | 15,552,000 |
| Risk-weighted assets | 119,949,000 | 123,290,000 | 125,795,000 | 123,332,000 |