Call reports 2015
SOUTHERN INDEPENDENT BANK — 2015
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 205,895,000 | 206,294,000 | 226,209,000 | 218,707,000 |
| Total loans | 110,418,000 | 114,348,000 | 112,881,000 | 114,144,000 |
| Allowance for loan losses | 2,458,000 | 2,700,000 | 1,538,000 | 1,502,000 |
| Securities available for sale | 61,701,000 | 62,247,000 | 67,498,000 | 68,099,000 |
| Securities held to maturity | 3,003,000 | 3,003,000 | 3,206,000 | 2,746,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,445,000 | 176,213,000 | 187,430,000 | 179,346,000 |
| Interest-bearing deposits | 147,590,000 | 147,557,000 | 159,873,000 | 151,059,000 |
| Noninterest-bearing deposits | 27,855,000 | 28,656,000 | 27,557,000 | 28,287,000 |
| Equity capital | 20,920,000 | 20,755,000 | 21,394,000 | 21,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,775,000 | 3,556,000 | 5,371,000 | 7,234,000 |
| Interest expense | 311,000 | 640,000 | 985,000 | 1,319,000 |
| Net interest income | 1,464,000 | 2,916,000 | 4,386,000 | 5,915,000 |
| Noninterest income | 242,000 | 491,000 | 660,000 | 919,000 |
| Noninterest expense | 988,000 | 1,969,000 | 3,091,000 | 4,393,000 |
| Provision for loan losses | 23,000 | 364,000 | 455,000 | 477,000 |
| Pretax income | 691,000 | 1,113,000 | 1,538,000 | 2,035,000 |
| Income tax | 191,000 | 399,000 | 511,000 | 493,000 |
| Net income | 500,000 | 714,000 | 1,027,000 | 1,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,049,000 | 21,263,000 | 21,576,000 | 22,091,000 |
| Total capital | 22,772,000 | 22,911,000 | 23,114,000 | 23,593,000 |
| Risk-weighted assets | 137,117,000 | 130,822,000 | 132,033,000 | 142,096,000 |