Call reports 2013
SUNSOUTH BANK — 2013
What SUNSOUTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 175,949,000 | 173,588,000 | 169,610,000 | 165,630,000 |
| Total loans | 127,424,000 | 126,554,000 | 120,857,000 | 120,227,000 |
| Allowance for loan losses | 2,627,000 | 2,626,000 | 2,510,000 | 2,712,000 |
| Securities available for sale | 7,020,000 | 7,612,000 | 7,434,000 | 10,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,130,000 | 150,249,000 | 149,054,000 | 146,248,000 |
| Interest-bearing deposits | 142,026,000 | 141,370,000 | 139,912,000 | 136,498,000 |
| Noninterest-bearing deposits | 10,104,000 | 8,879,000 | 9,143,000 | 9,750,000 |
| Equity capital | 14,966,000 | 14,198,000 | 11,183,000 | 9,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,916,000 | 3,807,000 | 5,658,000 | 7,426,000 |
| Interest expense | 503,000 | 1,000,000 | 1,485,000 | 1,929,000 |
| Net interest income | 1,413,000 | 2,807,000 | 4,173,000 | 5,497,000 |
| Noninterest income | 26,000 | -81,000 | -1,286,000 | -1,303,000 |
| Noninterest expense | 1,573,000 | 3,068,000 | 4,627,000 | 6,287,000 |
| Provision for loan losses | 200,000 | 500,000 | 500,000 | 900,000 |
| Pretax income | -317,000 | -825,000 | -2,223,000 | -2,976,000 |
| Income tax | 0 | 6,000 | 1,514,000 | 1,957,000 |
| Net income | -317,000 | -831,000 | -3,737,000 | -4,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,782,000 | 12,289,000 | 10,911,000 | 10,178,000 |
| Total capital | 14,445,000 | 13,941,000 | 12,508,000 | 11,774,000 |
| Risk-weighted assets | 132,059,000 | 131,023,000 | 126,843,000 | 126,573,000 |