Call reports 2019
SOUTHERN INDEPENDENT BANK — 2019
What SOUTHERN INDEPENDENT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 234,433,000 | 240,374,000 | 241,970,000 | 252,696,000 |
| Total loans | 127,711,000 | 130,066,000 | 130,526,000 | 130,877,000 |
| Allowance for loan losses | 1,670,000 | 1,704,000 | 1,758,000 | 1,710,000 |
| Securities available for sale | 74,087,000 | 76,116,000 | 75,977,000 | 77,545,000 |
| Securities held to maturity | 3,561,000 | 3,561,000 | 3,561,000 | 2,960,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,002,000 | 190,551,000 | 192,895,000 | 205,003,000 |
| Interest-bearing deposits | 148,610,000 | 152,264,000 | 153,045,000 | 162,244,000 |
| Noninterest-bearing deposits | 39,392,000 | 38,287,000 | 39,850,000 | 42,759,000 |
| Equity capital | 27,316,000 | 28,888,000 | 29,832,000 | 27,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,433,000 | 4,939,000 | 7,459,000 | 9,945,000 |
| Interest expense | 696,000 | 1,446,000 | 2,190,000 | 2,910,000 |
| Net interest income | 1,737,000 | 3,493,000 | 5,269,000 | 7,035,000 |
| Noninterest income | 225,000 | 488,000 | 1,008,000 | 1,268,000 |
| Noninterest expense | 1,120,000 | 2,418,000 | 3,679,000 | 5,216,000 |
| Provision for loan losses | 19,000 | 33,000 | 98,000 | 106,000 |
| Pretax income | 831,000 | 1,559,000 | 2,560,000 | 3,041,000 |
| Income tax | 186,000 | 370,000 | 576,000 | 583,000 |
| Net income | 645,000 | 1,189,000 | 1,984,000 | 2,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,021,000 | 28,566,000 | 29,360,000 | 27,834,000 |
| Total capital | 29,691,000 | 30,270,000 | 31,118,000 | 29,544,000 |
| Risk-weighted assets | 149,221,000 | 151,535,000 | 158,173,000 | 156,042,000 |