Call reports 2004
SUNSOUTH BANK — 2004
What SUNSOUTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 75,950,000 | 82,769,000 | 98,195,000 | 101,559,000 |
| Total loans | 55,139,000 | 66,786,000 | 82,046,000 | 81,158,000 |
| Allowance for loan losses | 434,000 | 509,000 | 634,000 | 675,000 |
| Securities available for sale | 7,290,000 | 6,984,000 | 7,077,000 | 7,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,354,000 | 72,105,000 | 84,259,000 | 90,469,000 |
| Interest-bearing deposits | 62,698,000 | 65,681,000 | 77,791,000 | 84,417,000 |
| Noninterest-bearing deposits | 4,656,000 | 6,424,000 | 6,468,000 | 6,052,000 |
| Equity capital | 5,366,000 | 7,328,000 | 7,703,000 | 7,739,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 956,000 | 2,060,000 | 3,367,000 | 4,890,000 |
| Interest expense | 352,000 | 728,000 | 1,151,000 | 1,669,000 |
| Net interest income | 604,000 | 1,332,000 | 2,216,000 | 3,221,000 |
| Noninterest income | 132,000 | 260,000 | 473,000 | 670,000 |
| Noninterest expense | 554,000 | 1,156,000 | 1,826,000 | 2,581,000 |
| Provision for loan losses | 30,000 | 105,000 | 230,000 | 360,000 |
| Pretax income | 154,000 | 335,000 | 637,000 | 954,000 |
| Income tax | -2,000 | 8,000 | 25,000 | 43,000 |
| Net income | 156,000 | 327,000 | 612,000 | 911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,359,000 | 7,546,000 | 7,806,000 | 7,872,000 |
| Total capital | 5,793,000 | 8,055,000 | 8,440,000 | 8,547,000 |
| Risk-weighted assets | 58,899,000 | 67,959,000 | 81,403,000 | 81,466,000 |