Call reports 2017
SOUTHERN INDEPENDENT BANK — 2017
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 218,934,000 | 220,663,000 | 221,337,000 | 227,053,000 |
| Total loans | 117,332,000 | 119,074,000 | 122,111,000 | 122,144,000 |
| Allowance for loan losses | 1,500,000 | 1,510,000 | 1,475,000 | 1,333,000 |
| Securities available for sale | 69,269,000 | 70,350,000 | 68,609,000 | 69,638,000 |
| Securities held to maturity | 2,735,000 | 2,735,000 | 3,242,000 | 4,242,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,519,000 | 176,482,000 | 174,075,000 | 179,681,000 |
| Interest-bearing deposits | 141,173,000 | 140,032,000 | 137,828,000 | 141,061,000 |
| Noninterest-bearing deposits | 36,346,000 | 36,450,000 | 36,247,000 | 38,620,000 |
| Equity capital | 23,508,000 | 24,266,000 | 24,875,000 | 24,419,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,977,000 | 3,995,000 | 6,078,000 | 8,103,000 |
| Interest expense | 360,000 | 732,000 | 1,123,000 | 1,511,000 |
| Net interest income | 1,617,000 | 3,263,000 | 4,955,000 | 6,592,000 |
| Noninterest income | 219,000 | 158,000 | 419,000 | 682,000 |
| Noninterest expense | 1,066,000 | 2,176,000 | 3,217,000 | 4,612,000 |
| Provision for loan losses | 41,000 | 52,000 | 53,000 | 432,000 |
| Pretax income | 732,000 | 1,213,000 | 2,150,000 | 2,279,000 |
| Income tax | 220,000 | 445,000 | 743,000 | 1,007,000 |
| Net income | 512,000 | 768,000 | 1,407,000 | 1,272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,625,000 | 24,881,000 | 25,521,000 | 25,624,000 |
| Total capital | 26,125,000 | 26,391,000 | 26,996,000 | 26,957,000 |
| Risk-weighted assets | 137,884,000 | 138,097,000 | 142,723,000 | 147,070,000 |