Call reports 2017
SOUTHERN COMMUNITY BANK — 2017
What SOUTHERN COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 245,509,000 | 252,139,000 | 243,865,000 | 249,078,000 |
| Total loans | 194,441,000 | 195,459,000 | 195,801,000 | 197,218,000 |
| Allowance for loan losses | 2,146,000 | 2,155,000 | 2,159,000 | 2,075,000 |
| Securities available for sale | 30,067,000 | 27,999,000 | 29,902,000 | 27,340,000 |
| Securities held to maturity | 3,915,000 | 3,910,000 | 3,904,000 | 3,899,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,874,000 | 219,934,000 | 210,107,000 | 215,953,000 |
| Interest-bearing deposits | 192,538,000 | 198,128,000 | 188,913,000 | 194,180,000 |
| Noninterest-bearing deposits | 21,336,000 | 21,806,000 | 21,194,000 | 21,773,000 |
| Equity capital | 25,259,000 | 26,064,000 | 26,680,000 | 26,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,576,000 | 5,272,000 | 7,997,000 | 10,761,000 |
| Interest expense | 411,000 | 831,000 | 1,286,000 | 1,744,000 |
| Net interest income | 2,165,000 | 4,441,000 | 6,711,000 | 9,017,000 |
| Noninterest income | 320,000 | 643,000 | 951,000 | 1,292,000 |
| Noninterest expense | 1,459,000 | 2,979,000 | 4,492,000 | 5,999,000 |
| Provision for loan losses | 85,000 | 105,000 | 110,000 | 158,000 |
| Pretax income | 941,000 | 2,000,000 | 3,052,000 | 4,141,000 |
| Income tax | 360,000 | 766,000 | 1,168,000 | 1,571,000 |
| Net income | 581,000 | 1,234,000 | 1,884,000 | 2,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,499,000 | 24,246,000 | 24,875,000 | 25,189,000 |
| Total capital | 25,645,000 | 26,401,000 | 27,034,000 | 27,264,000 |
| Risk-weighted assets | 211,248,000 | 213,533,000 | 213,013,000 | 214,260,000 |