Call reports 2012
SOUTHERN INDEPENDENT BANK — 2012
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 170,201,000 | 179,718,000 | 189,710,000 | 193,031,000 |
| Total loans | 89,928,000 | 90,750,000 | 94,336,000 | 93,536,000 |
| Allowance for loan losses | 1,670,000 | 1,700,000 | 1,731,000 | 1,514,000 |
| Securities available for sale | 58,947,000 | 66,409,000 | 67,409,000 | 68,476,000 |
| Securities held to maturity | 1,594,000 | 1,593,000 | 1,821,000 | 1,819,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,541,000 | 160,540,000 | 169,588,000 | 173,584,000 |
| Interest-bearing deposits | 132,007,000 | 142,368,000 | 150,797,000 | 153,647,000 |
| Noninterest-bearing deposits | 19,534,000 | 18,172,000 | 18,791,000 | 19,937,000 |
| Equity capital | 17,951,000 | 18,136,000 | 18,812,000 | 18,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,769,000 | 3,475,000 | 5,174,000 | 6,866,000 |
| Interest expense | 437,000 | 865,000 | 1,270,000 | 1,643,000 |
| Net interest income | 1,332,000 | 2,610,000 | 3,904,000 | 5,223,000 |
| Noninterest income | 140,000 | 290,000 | 469,000 | 698,000 |
| Noninterest expense | 767,000 | 1,549,000 | 2,326,000 | 3,585,000 |
| Provision for loan losses | 152,000 | 385,000 | 459,000 | 878,000 |
| Pretax income | 697,000 | 1,436,000 | 2,117,000 | 2,183,000 |
| Income tax | 254,000 | 559,000 | 785,000 | 590,000 |
| Net income | 443,000 | 877,000 | 1,332,000 | 1,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,109,000 | 17,439,000 | 17,936,000 | 17,854,000 |
| Total capital | 18,388,000 | 18,731,000 | 19,276,000 | 19,157,000 |
| Risk-weighted assets | 101,922,000 | 102,456,000 | 106,526,000 | 104,064,000 |