Call reports 2018
SOUTHERN INDEPENDENT BANK — 2018
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 223,675,000 | 223,638,000 | 226,756,000 | 236,801,000 |
| Total loans | 123,858,000 | 121,633,000 | 126,702,000 | 126,550,000 |
| Allowance for loan losses | 1,336,000 | 1,337,000 | 1,333,000 | 1,670,000 |
| Securities available for sale | 65,664,000 | 65,668,000 | 67,702,000 | 70,580,000 |
| Securities held to maturity | 4,241,000 | 4,242,000 | 3,561,000 | 3,561,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,760,000 | 177,236,000 | 181,910,000 | 190,171,000 |
| Interest-bearing deposits | 139,336,000 | 139,851,000 | 142,958,000 | 150,767,000 |
| Noninterest-bearing deposits | 38,424,000 | 37,385,000 | 38,952,000 | 39,404,000 |
| Equity capital | 24,234,000 | 24,463,000 | 24,627,000 | 26,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,132,000 | 4,367,000 | 6,690,000 | 9,119,000 |
| Interest expense | 453,000 | 970,000 | 1,555,000 | 2,223,000 |
| Net interest income | 1,679,000 | 3,397,000 | 5,135,000 | 6,896,000 |
| Noninterest income | 302,000 | 354,000 | 613,000 | 868,000 |
| Noninterest expense | 1,084,000 | 2,307,000 | 3,436,000 | 4,808,000 |
| Provision for loan losses | 2,000 | 10,000 | 10,000 | 22,000 |
| Pretax income | 899,000 | 1,437,000 | 2,307,000 | 2,939,000 |
| Income tax | 183,000 | 291,000 | 491,000 | 579,000 |
| Net income | 716,000 | 1,146,000 | 1,816,000 | 2,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,340,000 | 26,769,000 | 27,440,000 | 27,983,000 |
| Total capital | 27,676,000 | 28,106,000 | 28,773,000 | 29,653,000 |
| Risk-weighted assets | 147,523,000 | 145,495,000 | 149,524,000 | 150,467,000 |