Call reports 2008
SUNSOUTH BANK — 2008
What SUNSOUTH BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 226,644,000 | 225,036,000 | 238,634,000 | 239,334,000 |
| Total loans | 200,717,000 | 197,444,000 | 205,586,000 | 213,826,000 |
| Allowance for loan losses | 1,906,000 | 1,930,000 | 2,245,000 | 2,114,000 |
| Securities available for sale | 11,110,000 | 11,398,000 | 11,797,000 | 12,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,958,000 | 179,664,000 | 191,096,000 | 188,957,000 |
| Interest-bearing deposits | 169,343,000 | 168,294,000 | 180,114,000 | 178,341,000 |
| Noninterest-bearing deposits | 11,615,000 | 11,370,000 | 10,982,000 | 10,616,000 |
| Equity capital | 18,908,000 | 18,679,000 | 20,862,000 | 20,798,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,704,000 | 7,221,000 | 10,646,000 | 14,052,000 |
| Interest expense | 2,096,000 | 3,961,000 | 5,810,000 | 7,683,000 |
| Net interest income | 1,608,000 | 3,260,000 | 4,836,000 | 6,369,000 |
| Noninterest income | 722,000 | 1,095,000 | 1,522,000 | 1,946,000 |
| Noninterest expense | 1,130,000 | 2,428,000 | 3,591,000 | 4,951,000 |
| Provision for loan losses | 538,000 | 688,000 | 1,008,000 | 1,380,000 |
| Pretax income | 691,000 | 1,268,000 | 1,788,000 | 2,062,000 |
| Income tax | 62,000 | 84,000 | 129,000 | 137,000 |
| Net income | 629,000 | 1,184,000 | 1,659,000 | 1,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,748,000 | 18,773,000 | 20,794,000 | 20,585,000 |
| Total capital | 20,654,000 | 20,703,000 | 23,039,000 | 22,699,000 |
| Risk-weighted assets | 194,854,000 | 192,802,000 | 200,909,000 | 206,183,000 |