Call reports 2020
SANDHILLS BANK — 2020
What SANDHILLS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 201,968,000 | 215,407,000 | 214,185,000 | 209,472,000 |
| Total loans | 145,431,000 | 157,678,000 | 154,515,000 | 150,217,000 |
| Allowance for loan losses | 1,280,000 | 1,295,000 | 1,340,000 | 1,380,000 |
| Securities available for sale | 18,405,000 | 15,424,000 | 18,157,000 | 28,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,431,000 | 181,752,000 | 183,552,000 | 181,064,000 |
| Interest-bearing deposits | 152,182,000 | 156,430,000 | 157,834,000 | 158,234,000 |
| Noninterest-bearing deposits | 15,249,000 | 25,322,000 | 25,718,000 | 22,830,000 |
| Equity capital | 19,440,000 | 19,609,000 | 19,545,000 | 19,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,057,000 | 4,027,000 | 5,973,000 | 7,903,000 |
| Interest expense | 559,000 | 1,007,000 | 1,316,000 | 1,584,000 |
| Net interest income | 1,498,000 | 3,020,000 | 4,657,000 | 6,319,000 |
| Noninterest income | 204,000 | 353,000 | 536,000 | 740,000 |
| Noninterest expense | 1,489,000 | 2,924,000 | 4,330,000 | 5,761,000 |
| Provision for loan losses | 0 | 15,000 | 60,000 | 105,000 |
| Pretax income | 228,000 | 449,000 | 818,000 | 1,208,000 |
| Income tax | 51,000 | 100,000 | 185,000 | 288,000 |
| Net income | 177,000 | 349,000 | 633,000 | 920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,591,000 | 17,814,000 | 17,857,000 | 17,840,000 |
| Total capital | 18,871,000 | 19,109,000 | — | — |
| Risk-weighted assets | 130,679,000 | 134,034,000 | — | — |