Call reports 2016
SOUTHERN COMMUNITY BANK — 2016
What SOUTHERN COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 226,310,000 | 230,392,000 | 235,098,000 | 245,037,000 |
| Total loans | 166,026,000 | 172,537,000 | 187,601,000 | 186,677,000 |
| Allowance for loan losses | 1,657,000 | 1,727,000 | 1,877,000 | 2,080,000 |
| Securities available for sale | 23,896,000 | 33,068,000 | 28,114,000 | 24,532,000 |
| Securities held to maturity | 3,937,000 | 3,932,000 | 3,926,000 | 3,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,733,000 | 203,394,000 | 208,426,000 | 214,707,000 |
| Interest-bearing deposits | 185,674,000 | 186,828,000 | 187,139,000 | 194,413,000 |
| Noninterest-bearing deposits | 13,059,000 | 16,566,000 | 21,287,000 | 20,294,000 |
| Equity capital | 19,787,000 | 20,253,000 | 20,823,000 | 24,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,170,000 | 4,471,000 | 6,942,000 | 9,523,000 |
| Interest expense | 347,000 | 750,000 | 1,159,000 | 1,573,000 |
| Net interest income | 1,823,000 | 3,721,000 | 5,783,000 | 7,950,000 |
| Noninterest income | 327,000 | 596,000 | 944,000 | 1,271,000 |
| Noninterest expense | 1,449,000 | 2,877,000 | 4,354,000 | 5,852,000 |
| Provision for loan losses | 72,000 | 171,000 | 319,000 | 646,000 |
| Pretax income | 629,000 | 1,269,000 | 2,053,000 | 2,720,000 |
| Income tax | 240,000 | 499,000 | 732,000 | 979,000 |
| Net income | 389,000 | 770,000 | 1,321,000 | 1,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,981,000 | 18,362,000 | 18,913,000 | 22,872,000 |
| Total capital | 19,638,000 | 20,089,000 | 20,790,000 | 24,952,000 |
| Risk-weighted assets | 184,398,000 | 192,283,000 | 203,002,000 | 202,227,000 |