Call reports 2008
SOUTHERNTRUST BANK — 2008
What SOUTHERNTRUST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 32,932,000 | 34,704,000 | 37,664,000 | 39,228,000 |
| Total loans | 22,790,000 | 24,216,000 | 28,462,000 | 29,754,000 |
| Allowance for loan losses | 137,000 | 148,000 | 176,000 | 237,000 |
| Securities available for sale | 8,361,000 | 8,218,000 | 7,341,000 | 7,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,695,000 | 30,583,000 | 32,787,000 | 34,153,000 |
| Interest-bearing deposits | 26,506,000 | 27,723,000 | 30,055,000 | 31,937,000 |
| Noninterest-bearing deposits | 2,189,000 | 2,860,000 | 2,732,000 | 2,216,000 |
| Equity capital | 4,040,000 | 3,973,000 | 4,040,000 | 4,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 535,000 | 1,061,000 | 1,625,000 | 2,198,000 |
| Interest expense | 268,000 | 505,000 | 739,000 | 983,000 |
| Net interest income | 267,000 | 556,000 | 886,000 | 1,215,000 |
| Noninterest income | 36,000 | 80,000 | 129,000 | 175,000 |
| Noninterest expense | 320,000 | 636,000 | 949,000 | 1,246,000 |
| Provision for loan losses | 31,000 | 42,000 | 74,000 | 142,000 |
| Pretax income | -44,000 | -38,000 | -1,000 | 9,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -44,000 | -38,000 | -1,000 | 9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,000,000 | 3,984,000 | 4,044,000 | 4,054,000 |
| Total capital | 4,137,000 | 4,132,000 | 4,220,000 | 4,291,000 |
| Risk-weighted assets | 21,174,000 | 22,505,000 | 25,780,000 | 27,567,000 |