Call reports 2011
SUNSOUTH BANK — 2011
What SUNSOUTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 204,062,000 | 200,282,000 | 201,963,000 | 198,702,000 |
| Total loans | 165,506,000 | 160,375,000 | 153,022,000 | 149,516,000 |
| Allowance for loan losses | 4,171,000 | 4,279,000 | 4,115,000 | 3,953,000 |
| Securities available for sale | 14,650,000 | 16,938,000 | 17,430,000 | 24,485,000 |
| Securities held to maturity | 0 | 0 | 541,000 | 541,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,553,000 | 180,201,000 | 181,896,000 | 179,406,000 |
| Interest-bearing deposits | 171,899,000 | 169,507,000 | 171,824,000 | 169,227,000 |
| Noninterest-bearing deposits | 11,654,000 | 10,694,000 | 10,073,000 | 10,179,000 |
| Equity capital | 19,414,000 | 19,429,000 | 19,537,000 | 18,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,007,000 | 5,534,000 | 8,379,000 | 10,980,000 |
| Interest expense | 765,000 | 1,528,000 | 2,299,000 | 3,061,000 |
| Net interest income | 2,242,000 | 4,006,000 | 6,080,000 | 7,919,000 |
| Noninterest income | -548,000 | -272,000 | 269,000 | 224,000 |
| Noninterest expense | 1,892,000 | 3,988,000 | 6,008,000 | 7,974,000 |
| Provision for loan losses | 0 | 350,000 | 1,000,000 | 1,937,000 |
| Pretax income | -262,000 | -664,000 | -719,000 | -1,828,000 |
| Income tax | -66,000 | -199,000 | -217,000 | -530,000 |
| Net income | -196,000 | -465,000 | -502,000 | -1,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,736,000 | 18,472,000 | 18,426,000 | 17,684,000 |
| Total capital | 20,805,000 | 20,508,000 | 20,382,000 | 19,647,000 |
| Risk-weighted assets | 163,384,000 | 160,660,000 | 154,356,000 | 154,846,000 |