Call reports 2009
SOUTHERN STATES BANK — 2009
What SOUTHERN STATES BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 132,470,000 | 145,881,000 | 160,685,000 | 169,265,000 |
| Total loans | 103,360,000 | 118,921,000 | 129,888,000 | 139,016,000 |
| Allowance for loan losses | 1,223,000 | 1,303,000 | 2,388,000 | 1,784,000 |
| Securities available for sale | 15,030,000 | 12,449,000 | 20,255,000 | 16,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,919,000 | 108,962,000 | 127,510,000 | 135,943,000 |
| Interest-bearing deposits | 90,945,000 | 101,048,000 | 116,031,000 | 124,457,000 |
| Noninterest-bearing deposits | 6,974,000 | 7,914,000 | 11,479,000 | 11,486,000 |
| Equity capital | 27,793,000 | 27,854,000 | 27,082,000 | 27,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,629,000 | 3,525,000 | 5,567,000 | 7,837,000 |
| Interest expense | 735,000 | 1,528,000 | 2,365,000 | 3,233,000 |
| Net interest income | 894,000 | 1,997,000 | 3,202,000 | 4,604,000 |
| Noninterest income | 65,000 | 150,000 | 220,000 | 296,000 |
| Noninterest expense | 1,127,000 | 2,328,000 | 3,496,000 | 4,721,000 |
| Provision for loan losses | 130,000 | 210,000 | 1,295,000 | 1,400,000 |
| Pretax income | -162,000 | -81,000 | -1,059,000 | -853,000 |
| Income tax | -24,000 | -56,000 | -59,000 | -142,000 |
| Net income | -138,000 | -25,000 | -1,000,000 | -711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,496,000 | 27,682,000 | 26,785,000 | 27,154,000 |
| Total capital | 28,719,000 | 28,985,000 | 28,530,000 | 28,938,000 |
| Risk-weighted assets | 114,133,000 | 135,737,000 | 138,979,000 | 149,022,000 |
Machine access — free, no API key
Every figure shown here about SOUTHERN STATES BANK — 2009 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.