Call reports 2015
SOUTHBANK, A FEDERAL SAVINGS BANK — 2015
What SOUTHBANK, A FEDERAL SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Total assets | 20,352,000 | 18,720,000 |
| Total loans | 2,710,000 | 2,076,000 |
| Allowance for loan losses | 51,000 | 51,000 |
| Securities available for sale | 6,394,000 | 5,214,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 18,432,000 | 16,978,000 |
| Interest-bearing deposits | 17,855,000 | 16,644,000 |
| Noninterest-bearing deposits | 577,000 | 334,000 |
| Equity capital | 1,807,000 | 1,603,000 |
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 |
|---|---|---|
| Interest income | 79,000 | 154,000 |
| Interest expense | 40,000 | 74,000 |
| Net interest income | 39,000 | 80,000 |
| Noninterest income | 17,000 | 35,000 |
| Noninterest expense | 183,000 | 382,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | -128,000 | -268,000 |
| Income tax | 0 | 0 |
| Net income | -128,000 | -268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Tier 1 capital | 1,857,000 | 1,778,000 |
| Total capital | 1,911,000 | 1,832,000 |
| Risk-weighted assets | 6,767,000 | 5,767,000 |