Call reports 2016
SOUTHERN INDEPENDENT BANK — 2016
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 210,184,000 | 213,804,000 | 214,701,000 | 219,464,000 |
| Total loans | 115,779,000 | 117,539,000 | 118,423,000 | 119,182,000 |
| Allowance for loan losses | 1,530,000 | 1,515,000 | 1,565,000 | 1,450,000 |
| Securities available for sale | 61,342,000 | 61,799,000 | 64,925,000 | 66,845,000 |
| Securities held to maturity | 2,945,000 | 2,945,000 | 2,944,000 | 3,235,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,978,000 | 172,059,000 | 172,532,000 | 178,887,000 |
| Interest-bearing deposits | 140,377,000 | 139,237,000 | 139,023,000 | 142,842,000 |
| Noninterest-bearing deposits | 29,601,000 | 32,822,000 | 33,509,000 | 36,045,000 |
| Equity capital | 22,651,000 | 23,640,000 | 23,941,000 | 22,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,855,000 | 3,743,000 | 5,695,000 | 7,684,000 |
| Interest expense | 334,000 | 705,000 | 1,081,000 | 1,454,000 |
| Net interest income | 1,521,000 | 3,038,000 | 4,614,000 | 6,230,000 |
| Noninterest income | 285,000 | 571,000 | 865,000 | 948,000 |
| Noninterest expense | 1,036,000 | 2,073,000 | 3,168,000 | 4,580,000 |
| Provision for loan losses | 28,000 | 62,000 | 119,000 | 11,000 |
| Pretax income | 802,000 | 1,610,000 | 2,355,000 | 2,784,000 |
| Income tax | 233,000 | 471,000 | 684,000 | 762,000 |
| Net income | 569,000 | 1,139,000 | 1,671,000 | 2,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,661,000 | 23,230,000 | 23,762,000 | 24,113,000 |
| Total capital | 24,191,000 | 24,745,000 | 25,327,000 | 25,563,000 |
| Risk-weighted assets | 133,253,000 | 135,878,000 | 135,023,000 | 140,556,000 |