Call reports 2008
SOUTHERN COMMUNITY BANK AND TRUST — 2008
What SOUTHERN COMMUNITY BANK AND TRUST 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 | 1,686,991,000 | 1,768,014,000 | 1,793,449,000 | 1,800,127,000 |
| Total loans | 1,240,062,000 | 1,287,120,000 | 1,324,279,000 | 1,315,127,000 |
| Allowance for loan losses | 14,853,000 | 17,499,000 | 17,929,000 | 18,851,000 |
| Securities available for sale | 225,492,000 | 264,177,000 | 260,418,000 | 287,839,000 |
| Securities held to maturity | 58,054,000 | 41,405,000 | 41,315,000 | 35,231,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,148,046,000 | 1,221,066,000 | 1,264,410,000 | 1,259,802,000 |
| Interest-bearing deposits | 1,038,512,000 | 1,106,380,000 | 1,159,422,000 | 1,157,754,000 |
| Noninterest-bearing deposits | 109,534,000 | 114,685,000 | 104,988,000 | 102,048,000 |
| Equity capital | 181,242,000 | 179,793,000 | 181,989,000 | 201,132,000 |
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 | 24,339,000 | 48,092,000 | 72,455,000 | 96,733,000 |
| Interest expense | 12,515,000 | 23,782,000 | 35,498,000 | 46,129,000 |
| Net interest income | 11,824,000 | 24,310,000 | 36,957,000 | 50,604,000 |
| Noninterest income | 3,532,000 | 6,606,000 | 8,659,000 | 11,055,000 |
| Noninterest expense | 10,446,000 | 20,913,000 | 31,007,000 | 41,494,000 |
| Provision for loan losses | 925,000 | 4,455,000 | 5,805,000 | 8,165,000 |
| Pretax income | 3,985,000 | 5,548,000 | 8,804,000 | 12,098,000 |
| Income tax | 1,334,000 | 1,709,000 | 2,760,000 | 3,856,000 |
| Net income | 2,651,000 | 3,839,000 | 6,044,000 | 8,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,488,000 | 128,781,000 | 131,087,000 | 147,138,000 |
| Total capital | 142,341,000 | 146,280,000 | 149,016,000 | 165,013,000 |
| Risk-weighted assets | 1,367,848,000 | 1,421,477,000 | 1,452,363,000 | 1,429,047,000 |
Machine access — free, no API key
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