Call reports 2001
SUNSOUTH BANK — 2001
What SUNSOUTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 30,916,000 | 35,036,000 | 38,649,000 | 40,160,000 |
| Total loans | 17,508,000 | 23,600,000 | 25,535,000 | 27,518,000 |
| Allowance for loan losses | 113,000 | 142,000 | 171,000 | 201,000 |
| Securities available for sale | 9,783,000 | 8,760,000 | 7,789,000 | 9,333,000 |
| Securities held to maturity | 322,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,824,000 | 28,344,000 | 31,053,000 | 32,662,000 |
| Interest-bearing deposits | 22,338,000 | 25,656,000 | 29,044,000 | 30,121,000 |
| Noninterest-bearing deposits | 2,486,000 | 2,688,000 | 2,009,000 | 2,541,000 |
| Equity capital | 3,555,000 | 3,578,000 | 3,657,000 | 3,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 533,000 | 1,200,000 | 1,963,000 | 2,666,000 |
| Interest expense | 303,000 | 667,000 | 1,043,000 | 1,414,000 |
| Net interest income | 230,000 | 533,000 | 920,000 | 1,252,000 |
| Noninterest income | 27,000 | 55,000 | 86,000 | 135,000 |
| Noninterest expense | 246,000 | 532,000 | 832,000 | 1,165,000 |
| Provision for loan losses | 0 | 30,000 | 60,000 | 90,000 |
| Pretax income | 35,000 | 48,000 | 136,000 | 154,000 |
| Income tax | 1,000 | 1,000 | 11,000 | 4,000 |
| Net income | 34,000 | 47,000 | 125,000 | 150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,622,000 | 3,635,000 | 3,643,000 | 3,660,000 |
| Total capital | 3,735,000 | 3,778,000 | 3,814,000 | 3,861,000 |
| Risk-weighted assets | 20,982,000 | 26,143,000 | 27,375,000 | 30,606,000 |