Call reports 2004
SOUTHERN NATIONAL BANK OF TEXAS — 2004
What SOUTHERN NATIONAL BANK OF TEXAS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 976,733,000 | 1,090,254,000 | 1,093,246,000 | 1,129,322,000 |
| Total loans | 460,872,000 | 512,416,000 | 553,185,000 | 598,717,000 |
| Allowance for loan losses | 6,181,000 | 6,929,000 | 7,473,000 | 8,121,000 |
| Securities available for sale | 441,941,000 | 522,206,000 | 478,536,000 | 459,570,000 |
| Securities held to maturity | 0 | 0 | 11,214,000 | 13,368,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 844,174,000 | 856,805,000 | 833,157,000 | 886,536,000 |
| Interest-bearing deposits | 731,852,000 | 741,855,000 | 712,191,000 | 757,557,000 |
| Noninterest-bearing deposits | 112,322,000 | 114,950,000 | 120,966,000 | 128,979,000 |
| Equity capital | 73,990,000 | 62,228,000 | 105,720,000 | 106,676,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 9,939,000 | 21,128,000 | 33,330,000 | 46,594,000 |
| Interest expense | 3,289,000 | 6,960,000 | 11,107,000 | 15,811,000 |
| Net interest income | 6,650,000 | 14,168,000 | 22,223,000 | 30,783,000 |
| Noninterest income | 385,000 | 740,000 | 1,047,000 | 1,413,000 |
| Noninterest expense | 4,084,000 | 8,410,000 | 12,878,000 | 18,000,000 |
| Provision for loan losses | 750,000 | 1,650,000 | 2,275,000 | 2,950,000 |
| Pretax income | 2,560,000 | 5,351,000 | 8,817,000 | 11,946,000 |
| Income tax | 870,000 | 1,819,000 | 2,996,000 | 4,053,000 |
| Net income | 1,690,000 | 3,532,000 | 5,821,000 | 7,893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,381,000 | 71,561,000 | 108,897,000 | 110,954,000 |
| Total capital | 79,562,000 | 78,490,000 | 116,370,000 | 119,075,000 |
| Risk-weighted assets | 547,854,000 | 624,442,000 | 649,680,000 | 685,980,000 |