Call reports 2014
SUNSOUTH BANK — 2014
What SUNSOUTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 160,263,000 | 150,772,000 | 148,401,000 | 154,221,000 |
| Total loans | 113,762,000 | 109,905,000 | 107,500,000 | 107,894,000 |
| Allowance for loan losses | 2,728,000 | 2,668,000 | 2,804,000 | 2,753,000 |
| Securities available for sale | 10,307,000 | 18,504,000 | 29,195,000 | 35,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,769,000 | 135,054,000 | 127,622,000 | 133,158,000 |
| Interest-bearing deposits | 132,074,000 | 124,493,000 | 117,166,000 | 122,261,000 |
| Noninterest-bearing deposits | 9,695,000 | 10,561,000 | 10,455,000 | 10,898,000 |
| Equity capital | 9,972,000 | 7,899,000 | 7,960,000 | 8,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,724,000 | 3,207,000 | 4,829,000 | 6,367,000 |
| Interest expense | 398,000 | 730,000 | 1,035,000 | 1,325,000 |
| Net interest income | 1,326,000 | 2,477,000 | 3,794,000 | 5,042,000 |
| Noninterest income | -79,000 | -1,540,000 | -1,458,000 | -1,240,000 |
| Noninterest expense | 1,266,000 | 2,685,000 | 3,963,000 | 5,376,000 |
| Provision for loan losses | 0 | 450,000 | 500,000 | 500,000 |
| Pretax income | -19,000 | -2,198,000 | -2,125,000 | -2,059,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 6,000 |
| Net income | -25,000 | -2,204,000 | -2,131,000 | -2,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,174,000 | 8,016,000 | 8,110,000 | 8,197,000 |
| Total capital | 11,678,000 | 9,447,000 | 9,501,000 | 9,562,000 |
| Risk-weighted assets | 119,127,000 | 113,215,000 | 109,874,000 | 107,820,000 |