Call reports 2020
SUNSOUTH BANK — 2020
What SUNSOUTH BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 111,352,000 | 126,437,000 | 125,907,000 | 122,092,000 |
| Total loans | 61,706,000 | 68,892,000 | 67,956,000 | 61,200,000 |
| Allowance for loan losses | 774,000 | 794,000 | 800,000 | 803,000 |
| Securities available for sale | 44,104,000 | 47,421,000 | 53,009,000 | 56,272,000 |
| Securities held to maturity | 11,000 | 10,000 | 9,000 | 7,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,266,000 | 103,521,000 | 99,679,000 | 102,474,000 |
| Interest-bearing deposits | 79,083,000 | 90,038,000 | 86,631,000 | 87,423,000 |
| Noninterest-bearing deposits | 10,183,000 | 13,483,000 | 13,048,000 | 15,051,000 |
| Equity capital | 7,790,000 | 8,710,000 | 9,504,000 | 9,818,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,013,000 | 2,050,000 | 3,154,000 | 4,018,000 |
| Interest expense | 333,000 | 625,000 | 882,000 | 1,104,000 |
| Net interest income | 680,000 | 1,425,000 | 2,272,000 | 2,914,000 |
| Noninterest income | 103,000 | 129,000 | 162,000 | 213,000 |
| Noninterest expense | 711,000 | 1,380,000 | 2,148,000 | 2,969,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 72,000 | 339,000 | 792,000 | 1,036,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 72,000 | 339,000 | 792,000 | 1,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,749,000 | 8,014,000 | 8,467,000 | 8,761,000 |
| Total capital | 8,409,000 | 8,747,000 | 9,256,000 | 9,509,000 |
| Risk-weighted assets | 52,753,000 | 58,569,000 | 63,109,000 | 59,763,000 |