Call reports 2006
SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION — 2006
What SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 91,501,000 | 97,840,000 | 107,570,000 | 124,702,000 |
| Total loans | 63,900,000 | 75,935,000 | 64,403,000 | 68,953,000 |
| Allowance for loan losses | 870,000 | 872,000 | 1,126,000 | 1,069,000 |
| Securities available for sale | 0 | 0 | 9,888,000 | 9,923,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,410,000 | 86,499,000 | 81,196,000 | 86,050,000 |
| Interest-bearing deposits | 63,202,000 | 67,583,000 | 63,883,000 | 71,154,000 |
| Noninterest-bearing deposits | 17,208,000 | 18,916,000 | 17,313,000 | 14,896,000 |
| Equity capital | 10,611,000 | 10,953,000 | 21,934,000 | 34,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,538,000 | 3,299,000 | 1,640,000 | 3,538,000 |
| Interest expense | 619,000 | 1,291,000 | 641,000 | 1,420,000 |
| Net interest income | 919,000 | 2,008,000 | 999,000 | 2,118,000 |
| Noninterest income | 374,000 | 718,000 | 79,000 | 161,000 |
| Noninterest expense | 833,000 | 1,719,000 | 788,000 | 1,653,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 460,000 | 1,007,000 | 290,000 | 626,000 |
| Income tax | 156,000 | 361,000 | 114,000 | 246,000 |
| Net income | 304,000 | 646,000 | 176,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,611,000 | 10,953,000 | 6,831,000 | 19,065,000 |
| Total capital | 11,448,000 | 11,825,000 | 7,680,000 | 20,038,000 |
| Risk-weighted assets | 66,939,000 | 76,068,000 | 67,585,000 | 77,687,000 |
Machine access — free, no API key
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