Call reports 2012

SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION — 2012

Name: SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION — FFIEC call report 2012
Creator: SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION

What SOUTHERN COMMERCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.

PERIOD: 2012SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/22fbf0de-ea1e-42dd-8e0f-66c42148fcee/2012

Balance sheet

What the bank holds and owes at quarter end

Measure	2012Q1	2012Q2	2012Q3	2012Q4
Total assets	91,747,000	83,773,000	80,942,000	80,649,000
Total loans	53,722,000	51,224,000	48,418,000	44,675,000
Allowance for loan losses	6,910,000	7,009,000	6,195,000	6,152,000
Securities available for sale	20,795,000	15,180,000	14,361,000	13,264,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	74,933,000	65,979,000	63,817,000	65,400,000
Interest-bearing deposits	59,438,000	51,992,000	50,923,000	52,308,000
Noninterest-bearing deposits	15,495,000	13,987,000	12,894,000	13,092,000
Equity capital	14,819,000	15,169,000	14,596,000	13,815,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2012Q1	2012Q2	2012Q3	2012Q4
Interest income	598,000	1,124,000	1,645,000	2,099,000
Interest expense	140,000	233,000	318,000	403,000
Net interest income	458,000	891,000	1,327,000	1,696,000
Noninterest income	678,000	1,503,000	1,916,000	2,528,000
Noninterest expense	1,612,000	3,099,000	4,601,000	6,141,000
Provision for loan losses	0	0	0	0
Pretax income	-476,000	-700,000	-1,352,000	-1,911,000
Income tax	-59,000	-430,000	-381,000	-210,000
Net income	-417,000	-270,000	-971,000	-1,701,000

Basel measures — not reported for every quarter

Measure	2012Q1	2012Q2	2012Q3	2012Q4
Tier 1 capital	14,669,000	14,815,000	14,114,000	13,385,000
Total capital	15,481,000	15,601,000	14,852,000	14,036,000
Risk-weighted assets	57,569,000	55,145,000	51,903,000	45,193,000