Call reports 2022
SANDHILLS BANK — 2022
What SANDHILLS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 |
|---|---|---|
| Total assets | 229,025,000 | 230,632,000 |
| Total loans | 145,749,000 | 142,423,000 |
| Allowance for loan losses | 1,438,000 | 1,432,000 |
| Securities available for sale | 21,238,000 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 209,984,000 | 213,591,000 |
| Interest-bearing deposits | 177,761,000 | 174,848,000 |
| Noninterest-bearing deposits | 32,223,000 | 38,743,000 |
| Equity capital | 18,597,000 | 16,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 |
|---|---|---|
| Interest income | 1,810,000 | 3,818,000 |
| Interest expense | 88,000 | 173,000 |
| Net interest income | 1,722,000 | 3,645,000 |
| Noninterest income | 407,000 | 625,000 |
| Noninterest expense | 1,397,000 | 4,359,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 732,000 | -4,223,000 |
| Income tax | 164,000 | -877,000 |
| Net income | 568,000 | -3,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 |
|---|---|---|
| Tier 1 capital | 19,785,000 | 14,895,000 |
| Total capital | 21,223,000 | 16,327,000 |
| Risk-weighted assets | 133,875,000 | 135,578,000 |