Call reports 2002
SUNSOUTH BANK — 2002
What SUNSOUTH BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 42,594,000 | 44,016,000 | 46,371,000 | 49,126,000 |
| Total loans | 31,254,000 | 32,198,000 | 34,387,000 | 35,114,000 |
| Allowance for loan losses | 234,000 | 261,000 | 291,000 | 288,000 |
| Securities available for sale | 8,372,000 | 8,567,000 | 7,842,000 | 7,779,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,209,000 | 35,439,000 | 36,518,000 | 39,862,000 |
| Interest-bearing deposits | 31,060,000 | 33,536,000 | 34,672,000 | 37,706,000 |
| Noninterest-bearing deposits | 2,149,000 | 1,903,000 | 1,846,000 | 2,156,000 |
| Equity capital | 3,564,000 | 3,770,000 | 3,805,000 | 3,724,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 711,000 | 1,466,000 | 2,266,000 | 3,045,000 |
| Interest expense | 319,000 | 629,000 | 945,000 | 1,251,000 |
| Net interest income | 392,000 | 837,000 | 1,321,000 | 1,794,000 |
| Noninterest income | 33,000 | 84,000 | 127,000 | 152,000 |
| Noninterest expense | 260,000 | 581,000 | 917,000 | 1,314,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 90,000 |
| Pretax income | 152,000 | 297,000 | 463,000 | 586,000 |
| Income tax | 7,000 | 9,000 | 18,000 | 25,000 |
| Net income | 145,000 | 288,000 | 445,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,727,000 | 3,731,000 | 3,745,000 | 3,705,000 |
| Total capital | 3,961,000 | 3,992,000 | 4,036,000 | 3,993,000 |
| Risk-weighted assets | 33,015,000 | 33,944,000 | 35,960,000 | 39,706,000 |