Call reports 2017
SOUTHPORT BANK — 2017
What SOUTHPORT 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 | 271,630,000 | 285,325,000 | 297,165,000 | 288,452,000 |
| Total loans | 241,301,000 | 247,652,000 | 247,332,000 | 242,452,000 |
| Allowance for loan losses | 4,380,000 | 4,335,000 | 3,898,000 | 3,088,000 |
| Securities available for sale | 11,332,000 | 10,387,000 | 10,364,000 | 10,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,500,000 | 233,357,000 | 243,755,000 | 241,997,000 |
| Interest-bearing deposits | 182,742,000 | 188,122,000 | 193,275,000 | 196,624,000 |
| Noninterest-bearing deposits | 42,758,000 | 45,235,000 | 50,479,000 | 45,374,000 |
| Equity capital | 30,265,000 | 30,947,000 | 31,814,000 | 31,053,000 |
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 | 2,849,000 | 5,865,000 | 8,995,000 | 12,083,000 |
| Interest expense | 328,000 | 701,000 | 1,110,000 | 1,542,000 |
| Net interest income | 2,521,000 | 5,164,000 | 7,885,000 | 10,541,000 |
| Noninterest income | 561,000 | 957,000 | 1,297,000 | 1,630,000 |
| Noninterest expense | 1,732,000 | 3,437,000 | 5,504,000 | 6,957,000 |
| Provision for loan losses | -250,000 | -375,000 | -875,000 | -945,000 |
| Pretax income | 1,600,000 | 3,059,000 | 4,553,000 | 6,159,000 |
| Income tax | 640,000 | 1,190,000 | 1,810,000 | 3,102,000 |
| Net income | 960,000 | 1,869,000 | 2,743,000 | 3,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,108,000 | 30,317,000 | 31,887,000 | 31,204,000 |
| Total capital | 32,206,000 | 33,536,000 | 35,092,000 | 34,292,000 |
| Risk-weighted assets | 245,830,000 | 256,005,000 | 255,693,000 | 251,443,000 |