Call reports 2010
SUNSOUTH BANK — 2010
What SUNSOUTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 243,624,000 | 236,305,000 | 222,389,000 | 207,456,000 |
| Total loans | 204,980,000 | 193,686,000 | 183,101,000 | 167,828,000 |
| Allowance for loan losses | 2,955,000 | 2,952,000 | 3,918,000 | 3,742,000 |
| Securities available for sale | 22,361,000 | 21,514,000 | 17,671,000 | 14,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,359,000 | 208,087,000 | 201,530,000 | 177,591,000 |
| Interest-bearing deposits | 187,656,000 | 197,503,000 | 189,592,000 | 168,275,000 |
| Noninterest-bearing deposits | 10,703,000 | 10,585,000 | 11,938,000 | 9,316,000 |
| Equity capital | 18,939,000 | 17,570,000 | 20,091,000 | 19,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,268,000 | 8,510,000 | 11,412,000 | 14,174,000 |
| Interest expense | 1,375,000 | 2,752,000 | 3,868,000 | 4,680,000 |
| Net interest income | 2,893,000 | 5,758,000 | 7,544,000 | 9,494,000 |
| Noninterest income | 234,000 | 302,000 | 2,534,000 | 3,793,000 |
| Noninterest expense | 1,775,000 | 3,749,000 | 5,682,000 | 7,553,000 |
| Provision for loan losses | 285,000 | 3,372,000 | 4,429,000 | 5,251,000 |
| Pretax income | 1,067,000 | -1,188,000 | 1,000 | 537,000 |
| Income tax | 124,000 | -7,000 | -1,612,000 | -949,000 |
| Net income | 943,000 | -1,181,000 | 1,613,000 | 1,486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,380,000 | 17,257,000 | 19,554,000 | 18,679,000 |
| Total capital | 21,836,000 | 19,592,000 | 21,799,000 | 20,782,000 |
| Risk-weighted assets | 195,948,000 | 186,190,000 | 177,910,000 | 166,635,000 |