Call reports 2023
SUNSOUTH BANK — 2023
What SUNSOUTH BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 114,244,000 | 113,143,000 | 114,876,000 | 112,232,000 |
| Total loans | 43,872,000 | 44,442,000 | 42,423,000 | 40,072,000 |
| Allowance for loan losses | 543,000 | 540,000 | 544,000 | 548,000 |
| Securities available for sale | 38,676,000 | 37,641,000 | 39,745,000 | 37,876,000 |
| Securities held to maturity | 24,313,000 | 25,136,000 | 24,886,000 | 24,687,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,817,000 | 91,087,000 | 93,792,000 | 91,264,000 |
| Interest-bearing deposits | 77,802,000 | 75,171,000 | 77,965,000 | 75,962,000 |
| Noninterest-bearing deposits | 16,016,000 | 15,916,000 | 15,827,000 | 15,302,000 |
| Equity capital | 8,015,000 | 7,368,000 | 6,619,000 | 7,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,180,000 | 2,312,000 | 3,493,000 | 4,751,000 |
| Interest expense | 434,000 | 996,000 | 1,691,000 | 2,442,000 |
| Net interest income | 746,000 | 1,316,000 | 1,802,000 | 2,309,000 |
| Noninterest income | 37,000 | 64,000 | 87,000 | 591,000 |
| Noninterest expense | 780,000 | 1,756,000 | 2,566,000 | 3,353,000 |
| Provision for loan losses | 0 | -8,000 | -8,000 | -8,000 |
| Pretax income | 79,000 | -292,000 | -593,000 | -367,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 79,000 | -292,000 | -593,000 | -367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,216,000 | 10,680,000 | 10,380,000 | 10,605,000 |
| Total capital | 11,759,000 | 11,220,000 | 10,924,000 | 11,153,000 |
| Risk-weighted assets | 55,788,000 | 56,098,000 | 55,252,000 | 51,860,000 |