Call reports 2015
SOUTHERN COMMUNITY BANK — 2015
What SOUTHERN COMMUNITY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 161,804,000 | 170,061,000 | 180,287,000 | 191,509,000 |
| Total loans | 126,056,000 | 126,700,000 | 143,618,000 | 159,426,000 |
| Allowance for loan losses | 1,260,000 | 1,260,000 | 1,433,000 | 1,704,000 |
| Securities available for sale | 16,954,000 | 16,427,000 | 14,874,000 | 12,060,000 |
| Securities held to maturity | 0 | 3,953,000 | 3,948,000 | 3,942,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,653,000 | 145,666,000 | 155,950,000 | 166,014,000 |
| Interest-bearing deposits | 132,000,000 | 131,061,000 | 141,486,000 | 152,682,000 |
| Noninterest-bearing deposits | 9,653,000 | 14,605,000 | 14,464,000 | 13,332,000 |
| Equity capital | 17,546,000 | 17,668,000 | 17,911,000 | 19,395,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,660,000 | 3,373,000 | 5,256,000 | 7,303,000 |
| Interest expense | 243,000 | 503,000 | 794,000 | 1,112,000 |
| Net interest income | 1,417,000 | 2,870,000 | 4,462,000 | 6,191,000 |
| Noninterest income | 315,000 | 685,000 | 1,055,000 | 1,369,000 |
| Noninterest expense | 1,342,000 | 2,771,000 | 4,246,000 | 5,657,000 |
| Provision for loan losses | 37,000 | 37,000 | 217,000 | 506,000 |
| Pretax income | 361,000 | 755,000 | 1,060,000 | 1,496,000 |
| Income tax | 138,000 | 289,000 | 406,000 | 508,000 |
| Net income | 223,000 | 466,000 | 654,000 | 988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,578,000 | 15,820,000 | 16,009,000 | 17,592,000 |
| Total capital | 16,838,000 | 17,080,000 | 17,442,000 | 19,296,000 |
| Risk-weighted assets | 136,870,000 | 142,732,000 | 161,235,000 | 173,247,000 |