Call reports 2012
SOUTHERN COMMUNITY BANK — 2012
What SOUTHERN COMMUNITY BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 147,428,000 | 146,992,000 | 145,638,000 | 145,922,000 |
| Total loans | 89,801,000 | 95,786,000 | 98,027,000 | 101,710,000 |
| Allowance for loan losses | 841,000 | 869,000 | 930,000 | 955,000 |
| Securities available for sale | 23,648,000 | 35,012,000 | 33,238,000 | 27,999,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,298,000 | 124,503,000 | 124,470,000 | 124,602,000 |
| Interest-bearing deposits | 116,353,000 | 117,763,000 | 116,507,000 | 117,745,000 |
| Noninterest-bearing deposits | 6,945,000 | 6,740,000 | 7,963,000 | 6,857,000 |
| Equity capital | 16,730,000 | 16,928,000 | 16,921,000 | 17,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,328,000 | 2,778,000 | 4,276,000 | 5,828,000 |
| Interest expense | 226,000 | 523,000 | 811,000 | 1,070,000 |
| Net interest income | 1,102,000 | 2,255,000 | 3,465,000 | 4,758,000 |
| Noninterest income | 318,000 | 641,000 | 1,012,000 | 1,399,000 |
| Noninterest expense | 1,048,000 | 2,265,000 | 3,641,000 | 4,973,000 |
| Provision for loan losses | 26,000 | 54,000 | 115,000 | 140,000 |
| Pretax income | 347,000 | 578,000 | 752,000 | 1,075,000 |
| Income tax | 131,000 | 207,000 | 274,000 | 378,000 |
| Net income | 216,000 | 371,000 | 478,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,678,000 | 14,833,000 | 14,690,000 | 14,909,000 |
| Total capital | 15,519,000 | 15,702,000 | 15,620,000 | 15,864,000 |
| Risk-weighted assets | 92,393,000 | 97,674,000 | 97,782,000 | 103,002,000 |