Call reports 2016
SUNSOUTH BANK — 2016
What SUNSOUTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 149,345,000 | 151,826,000 | 147,968,000 | 148,253,000 |
| Total loans | 88,027,000 | 93,483,000 | 97,247,000 | 93,158,000 |
| Allowance for loan losses | 2,793,000 | 2,637,000 | 3,922,000 | 1,187,000 |
| Securities available for sale | 53,974,000 | 49,492,000 | 40,868,000 | 47,615,000 |
| Securities held to maturity | 51,000 | 47,000 | 42,000 | 40,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,274,000 | 129,536,000 | 132,001,000 | 128,279,000 |
| Interest-bearing deposits | 119,391,000 | 119,027,000 | 121,373,000 | 119,350,000 |
| Noninterest-bearing deposits | 10,882,000 | 10,510,000 | 10,628,000 | 8,929,000 |
| Equity capital | 7,884,000 | 7,791,000 | 6,601,000 | 5,834,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,384,000 | 2,782,000 | 4,081,000 | 5,369,000 |
| Interest expense | 281,000 | 558,000 | 846,000 | 1,135,000 |
| Net interest income | 1,103,000 | 2,224,000 | 3,235,000 | 4,234,000 |
| Noninterest income | 56,000 | 26,000 | 278,000 | 321,000 |
| Noninterest expense | 1,127,000 | 2,374,000 | 3,576,000 | 4,679,000 |
| Provision for loan losses | 875,000 | 1,105,000 | 2,355,000 | 2,408,000 |
| Pretax income | -843,000 | -1,229,000 | -2,315,000 | -2,429,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -843,000 | -1,229,000 | -2,315,000 | -2,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,523,000 | 7,137,000 | 6,051,000 | 5,937,000 |
| Total capital | 8,549,000 | 8,132,000 | 7,036,000 | 6,808,000 |
| Risk-weighted assets | 80,289,000 | 77,926,000 | 75,856,000 | 69,325,000 |