Call reports 2015
SOUTHPORT BANK — 2015
What SOUTHPORT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 263,045,000 | 259,339,000 | 263,767,000 | 270,646,000 |
| Total loans | 202,560,000 | 207,183,000 | 208,760,000 | 216,140,000 |
| Allowance for loan losses | 5,264,000 | 5,145,000 | 5,111,000 | 4,764,000 |
| Securities available for sale | 22,306,000 | 20,341,000 | 20,052,000 | 14,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,820,000 | 215,570,000 | 219,009,000 | 223,568,000 |
| Interest-bearing deposits | 173,940,000 | 174,113,000 | 172,361,000 | 174,258,000 |
| Noninterest-bearing deposits | 45,880,000 | 41,457,000 | 46,649,000 | 49,310,000 |
| Equity capital | 25,830,000 | 23,411,000 | 24,371,000 | 25,863,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,621,000 | 5,380,000 | 8,030,000 | 10,682,000 |
| Interest expense | 331,000 | 648,000 | 974,000 | 1,300,000 |
| Net interest income | 2,290,000 | 4,732,000 | 7,056,000 | 9,382,000 |
| Noninterest income | 359,000 | 702,000 | 1,050,000 | 1,387,000 |
| Noninterest expense | 1,884,000 | 6,549,000 | 8,304,000 | 11,156,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 765,000 | -1,115,000 | -198,000 | -387,000 |
| Income tax | 0 | 500,000 | 500,000 | -1,227,000 |
| Net income | 765,000 | -1,615,000 | -698,000 | 840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,170,000 | 21,291,000 | 22,208,000 | 23,032,000 |
| Total capital | 25,803,000 | 23,958,000 | 24,889,000 | 25,822,000 |
| Risk-weighted assets | 207,916,000 | 210,902,000 | 212,059,000 | 219,564,000 |