Call reports 2011
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2011
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 161,700,000 | 156,265,000 | 154,826,000 | 154,605,000 |
| Total loans | 101,449,000 | 96,698,000 | 93,413,000 | 89,538,000 |
| Allowance for loan losses | 3,290,000 | 3,361,000 | 3,117,000 | 2,898,000 |
| Securities available for sale | 28,672,000 | 33,116,000 | 27,807,000 | 28,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,479,000 | 138,448,000 | 137,393,000 | 137,100,000 |
| Interest-bearing deposits | 118,953,000 | 113,495,000 | 111,803,000 | 113,018,000 |
| Noninterest-bearing deposits | 25,526,000 | 24,953,000 | 25,590,000 | 24,082,000 |
| Equity capital | 15,111,000 | 15,392,000 | 15,010,000 | 15,092,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,690,000 | 3,369,000 | 4,990,000 | 6,516,000 |
| Interest expense | 234,000 | 413,000 | 562,000 | 698,000 |
| Net interest income | 1,456,000 | 2,956,000 | 4,428,000 | 5,818,000 |
| Noninterest income | 327,000 | 370,000 | 342,000 | 442,000 |
| Noninterest expense | 1,410,000 | 2,841,000 | 4,244,000 | 5,593,000 |
| Provision for loan losses | 359,000 | 359,000 | 884,000 | 954,000 |
| Pretax income | 14,000 | 126,000 | -358,000 | -13,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | 126,000 | -358,000 | -13,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,895,000 | 14,057,000 | 13,841,000 | 14,118,000 |
| Total capital | 15,113,000 | 15,226,000 | 14,983,000 | 15,201,000 |
| Risk-weighted assets | 95,366,000 | 91,365,000 | 89,423,000 | 84,844,000 |