Call reports 2009
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2009
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 173,677,000 | 176,191,000 | 177,206,000 | 172,428,000 |
| Total loans | 121,009,000 | 124,524,000 | 123,783,000 | 118,404,000 |
| Allowance for loan losses | 2,049,000 | 2,225,000 | 2,300,000 | 2,384,000 |
| Securities available for sale | 25,726,000 | 22,385,000 | 23,393,000 | 21,586,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,116,000 | 152,002,000 | 154,666,000 | 150,894,000 |
| Interest-bearing deposits | 129,214,000 | 128,394,000 | 127,714,000 | 126,573,000 |
| Noninterest-bearing deposits | 19,902,000 | 23,608,000 | 26,952,000 | 24,321,000 |
| Equity capital | 22,903,000 | 22,464,000 | 20,782,000 | 19,336,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,188,000 | 4,374,000 | 6,586,000 | 8,700,000 |
| Interest expense | 674,000 | 1,271,000 | 1,796,000 | 2,232,000 |
| Net interest income | 1,514,000 | 3,103,000 | 4,790,000 | 6,468,000 |
| Noninterest income | 376,000 | 905,000 | 986,000 | 961,000 |
| Noninterest expense | 1,426,000 | 3,121,000 | 6,477,000 | 8,566,000 |
| Provision for loan losses | 210,000 | 420,000 | 590,000 | 2,549,000 |
| Pretax income | 254,000 | 467,000 | -1,287,000 | -3,682,000 |
| Income tax | 58,000 | 104,000 | 160,000 | -781,000 |
| Net income | 196,000 | 363,000 | -1,447,000 | -2,901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,911,000 | 19,214,000 | 19,832,000 | 18,054,000 |
| Total capital | 21,299,000 | 20,632,000 | 21,282,000 | 19,449,000 |
| Risk-weighted assets | 110,367,000 | 112,596,000 | 115,182,000 | 110,611,000 |