Call reports 2013
SOUTHERN COMMUNITY BANK — 2013
What SOUTHERN COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 144,769,000 | 148,023,000 | 144,380,000 | 146,080,000 |
| Total loans | 99,957,000 | 98,482,000 | 102,046,000 | 105,235,000 |
| Allowance for loan losses | 1,054,000 | 783,000 | 976,000 | 1,053,000 |
| Securities available for sale | 22,441,000 | 26,840,000 | 28,508,000 | 22,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,019,000 | 127,646,000 | 123,598,000 | 125,810,000 |
| Interest-bearing deposits | 116,536,000 | 118,941,000 | 115,656,000 | 118,334,000 |
| Noninterest-bearing deposits | 7,483,000 | 8,705,000 | 7,942,000 | 7,476,000 |
| Equity capital | 17,103,000 | 16,820,000 | 16,651,000 | 16,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,508,000 | 2,972,000 | 4,488,000 | 5,988,000 |
| Interest expense | 222,000 | 477,000 | 720,000 | 954,000 |
| Net interest income | 1,286,000 | 2,495,000 | 3,768,000 | 5,034,000 |
| Noninterest income | 362,000 | 809,000 | 1,226,000 | 1,538,000 |
| Noninterest expense | 1,406,000 | 3,005,000 | 4,448,000 | 5,768,000 |
| Provision for loan losses | 125,000 | 141,000 | 240,000 | 463,000 |
| Pretax income | 108,000 | 149,000 | 305,000 | 337,000 |
| Income tax | 55,000 | 55,000 | 115,000 | 100,000 |
| Net income | 53,000 | 94,000 | 190,000 | 237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,961,000 | 15,002,000 | 14,949,000 | 14,995,000 |
| Total capital | 16,015,000 | 15,785,000 | 15,925,000 | 16,048,000 |
| Risk-weighted assets | 101,638,000 | 106,923,000 | 108,230,000 | 110,534,000 |