Call reports 2006
SOUTHERN COMMUNITY BANK — 2006
What SOUTHERN COMMUNITY BANK 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 | 25,602,000 | 31,419,000 | 36,715,000 | 38,496,000 |
| Total loans | 14,108,000 | 19,454,000 | 23,058,000 | 27,708,000 |
| Allowance for loan losses | 179,000 | 244,000 | 294,000 | 355,000 |
| Securities available for sale | 2,989,000 | 2,958,000 | 3,959,000 | 2,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,861,000 | 19,840,000 | 24,629,000 | 26,705,000 |
| Interest-bearing deposits | 12,469,000 | 17,738,000 | 21,796,000 | 23,603,000 |
| Noninterest-bearing deposits | 1,392,000 | 2,102,000 | 2,833,000 | 3,102,000 |
| Equity capital | 11,679,000 | 11,515,000 | 11,484,000 | 11,402,000 |
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 | 290,000 | 734,000 | 1,293,000 | 1,920,000 |
| Interest expense | 85,000 | 221,000 | 412,000 | 617,000 |
| Net interest income | 205,000 | 513,000 | 881,000 | 1,303,000 |
| Noninterest income | 52,000 | 116,000 | 237,000 | 344,000 |
| Noninterest expense | 391,000 | 866,000 | 1,348,000 | 1,910,000 |
| Provision for loan losses | 79,000 | 144,000 | 197,000 | 259,000 |
| Pretax income | -213,000 | -381,000 | -427,000 | -522,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -213,000 | -381,000 | -427,000 | -522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,683,000 | 11,534,000 | 11,492,000 | 11,404,000 |
| Total capital | 11,862,000 | 11,778,000 | 11,786,000 | 11,759,000 |
| Risk-weighted assets | 14,382,000 | 21,313,000 | 25,561,000 | 29,855,000 |
Machine access — free, no API key
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