Call reports 2024
SOUTHERNTRUST BANK — 2024
What SOUTHERNTRUST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 270,240,000 | 263,794,000 | 268,641,000 | 277,384,000 |
| Total loans | 198,085,000 | 199,797,000 | 203,023,000 | 204,081,000 |
| Allowance for loan losses | 2,042,000 | 2,040,000 | 2,125,000 | 1,997,000 |
| Securities available for sale | 30,363,000 | 29,534,000 | 29,742,000 | 28,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,255,000 | 192,431,000 | 187,577,000 | 196,410,000 |
| Interest-bearing deposits | 169,672,000 | 168,012,000 | 162,389,000 | 170,776,000 |
| Noninterest-bearing deposits | 24,583,000 | 24,419,000 | 25,188,000 | 25,634,000 |
| Equity capital | 26,363,000 | 26,787,000 | 27,554,000 | 27,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,620,000 | 7,342,000 | 11,010,000 | 14,903,000 |
| Interest expense | 1,750,000 | 3,538,000 | 5,417,000 | 7,302,000 |
| Net interest income | 1,870,000 | 3,804,000 | 5,593,000 | 7,601,000 |
| Noninterest income | 257,000 | 485,000 | 725,000 | 945,000 |
| Noninterest expense | 1,548,000 | 2,861,000 | 4,108,000 | 5,579,000 |
| Provision for loan losses | 6,000 | 6,000 | 154,000 | 374,000 |
| Pretax income | 573,000 | 1,422,000 | 2,056,000 | 2,631,000 |
| Income tax | 122,000 | 321,000 | 450,000 | 566,000 |
| Net income | 451,000 | 1,101,000 | 1,606,000 | 2,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,471,000 | 25,028,000 | 25,442,000 | 25,768,000 |