Call reports 2003
SUNSOUTH BANK — 2003
What SUNSOUTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 52,186,000 | 67,046,000 | 63,367,000 | 63,747,000 |
| Total loans | 37,523,000 | 37,552,000 | 44,536,000 | 48,097,000 |
| Allowance for loan losses | 317,000 | 347,000 | 374,000 | 404,000 |
| Securities available for sale | 7,489,000 | 7,606,000 | 10,093,000 | 9,581,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,324,000 | 60,721,000 | 57,161,000 | 57,517,000 |
| Interest-bearing deposits | 43,741,000 | 57,139,000 | 53,129,000 | 52,813,000 |
| Noninterest-bearing deposits | 2,583,000 | 3,582,000 | 4,032,000 | 4,704,000 |
| Equity capital | 3,728,000 | 4,750,000 | 4,992,000 | 5,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 850,000 | 1,538,000 | 2,360,000 | 3,217,000 |
| Interest expense | 316,000 | 674,000 | 1,066,000 | 1,397,000 |
| Net interest income | 534,000 | 864,000 | 1,294,000 | 1,820,000 |
| Noninterest income | 52,000 | 275,000 | 401,000 | 533,000 |
| Noninterest expense | 399,000 | 853,000 | 1,382,000 | 1,939,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 170,000 | 266,000 | 265,000 | 340,000 |
| Income tax | 12,000 | 17,000 | 21,000 | 23,000 |
| Net income | 158,000 | 249,000 | 244,000 | 317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,746,000 | 4,681,000 | 5,121,000 | 5,203,000 |
| Total capital | 4,063,000 | 5,028,000 | 5,495,000 | 5,607,000 |
| Risk-weighted assets | 43,031,000 | 44,070,000 | 46,839,000 | 48,673,000 |