Call reports 2014
SOUTHERN STATES BANK — 2014
What SOUTHERN STATES BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 271,282,000 | 282,148,000 | 289,782,000 | 304,681,000 |
| Total loans | 217,977,000 | 222,126,000 | 239,247,000 | 245,588,000 |
| Allowance for loan losses | 3,605,000 | 3,636,000 | 3,636,000 | 3,063,000 |
| Securities available for sale | 15,348,000 | 15,697,000 | 17,760,000 | 15,815,000 |
| Securities held to maturity | 2,986,000 | 2,942,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,182,000 | 227,098,000 | 237,683,000 | 241,325,000 |
| Interest-bearing deposits | 182,384,000 | 185,357,000 | 191,802,000 | 199,862,000 |
| Noninterest-bearing deposits | 37,798,000 | 41,741,000 | 45,881,000 | 41,463,000 |
| Equity capital | 42,572,000 | 43,435,000 | 44,204,000 | 44,472,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,249,000 | 6,600,000 | 10,044,000 | 13,709,000 |
| Interest expense | 247,000 | 490,000 | 735,000 | 984,000 |
| Net interest income | 3,002,000 | 6,110,000 | 9,309,000 | 12,725,000 |
| Noninterest income | 303,000 | 633,000 | 1,034,000 | 1,399,000 |
| Noninterest expense | 2,374,000 | 4,706,000 | 7,142,000 | 9,841,000 |
| Provision for loan losses | 0 | 0 | 0 | -250,000 |
| Pretax income | 931,000 | 2,058,000 | 3,263,000 | 4,702,000 |
| Income tax | 319,000 | 709,000 | 1,130,000 | 1,662,000 |
| Net income | 612,000 | 1,349,000 | 2,133,000 | 3,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,423,000 | 43,172,000 | 43,970,000 | 44,242,000 |
| Total capital | 45,341,000 | 46,163,000 | 47,281,000 | 47,304,000 |
| Risk-weighted assets | 232,783,000 | 238,640,000 | 264,576,000 | 262,188,000 |
Machine access — free, no API key
Every figure shown here about SOUTHERN STATES BANK — 2014 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.