Call reports 2013
SOUTHERN INDEPENDENT BANK — 2013
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 184,633,000 | 186,855,000 | 190,910,000 | 196,229,000 |
| Total loans | 93,575,000 | 95,273,000 | 94,565,000 | 95,542,000 |
| Allowance for loan losses | 1,617,000 | 1,837,000 | 1,958,000 | 2,015,000 |
| Securities available for sale | 70,074,000 | 67,490,000 | 70,175,000 | 71,325,000 |
| Securities held to maturity | 1,818,000 | 1,816,000 | 1,815,000 | 1,554,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,802,000 | 168,762,000 | 169,678,000 | 174,979,000 |
| Interest-bearing deposits | 144,583,000 | 147,585,000 | 149,065,000 | 151,856,000 |
| Noninterest-bearing deposits | 20,218,000 | 21,177,000 | 20,613,000 | 23,123,000 |
| Equity capital | 18,665,000 | 17,274,000 | 17,266,000 | 17,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,636,000 | 3,301,000 | 4,997,000 | 6,712,000 |
| Interest expense | 344,000 | 676,000 | 1,004,000 | 1,325,000 |
| Net interest income | 1,292,000 | 2,625,000 | 3,993,000 | 5,387,000 |
| Noninterest income | 196,000 | 522,000 | 743,000 | 1,003,000 |
| Noninterest expense | 829,000 | 1,741,000 | 2,793,000 | 4,097,000 |
| Provision for loan losses | 104,000 | 320,000 | 456,000 | 522,000 |
| Pretax income | 600,000 | 1,240,000 | 1,671,000 | 1,914,000 |
| Income tax | 215,000 | 440,000 | 602,000 | 441,000 |
| Net income | 385,000 | 800,000 | 1,069,000 | 1,473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,238,000 | 18,652,000 | 18,556,000 | 18,960,000 |
| Total capital | 19,602,000 | 20,091,000 | 20,022,000 | 20,452,000 |
| Risk-weighted assets | 108,845,000 | 115,121,000 | 116,821,000 | 119,133,000 |