Call reports 2008
SOUTHERN BANK — 2008
What SOUTHERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 402,786,000 | 415,472,000 | 426,371,000 | 445,440,000 |
| Total loans | 334,185,000 | 346,637,000 | 354,715,000 | 355,152,000 |
| Allowance for loan losses | 3,195,000 | 3,567,000 | 3,750,000 | 3,901,000 |
| Securities available for sale | 43,548,000 | 39,915,000 | 39,845,000 | 58,321,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,699,000 | 293,645,000 | 279,031,000 | 286,382,000 |
| Interest-bearing deposits | 262,969,000 | 270,877,000 | 257,081,000 | 263,213,000 |
| Noninterest-bearing deposits | 20,730,000 | 22,768,000 | 21,950,000 | 23,169,000 |
| Equity capital | 34,073,000 | 33,987,000 | 34,403,000 | 39,337,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,421,000 | 12,684,000 | 19,055,000 | 25,396,000 |
| Interest expense | 3,183,000 | 6,016,000 | 8,811,000 | 11,562,000 |
| Net interest income | 3,238,000 | 6,668,000 | 10,244,000 | 13,834,000 |
| Noninterest income | 549,000 | 1,242,000 | 1,916,000 | 2,596,000 |
| Noninterest expense | 1,870,000 | 3,970,000 | 5,982,000 | 8,183,000 |
| Provision for loan losses | 350,000 | 740,000 | 1,140,000 | 1,340,000 |
| Pretax income | 1,567,000 | 3,200,000 | 4,734,000 | 6,228,000 |
| Income tax | 527,000 | 1,066,000 | 1,558,000 | 2,038,000 |
| Net income | 1,040,000 | 2,134,000 | 3,176,000 | 4,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,958,000 | 32,735,000 | 33,367,000 | 37,963,000 |
| Total capital | 35,153,000 | 36,302,000 | 37,125,000 | 41,864,000 |
| Risk-weighted assets | 294,623,000 | 307,887,000 | 318,485,000 | 323,827,000 |
Machine access — free, no API key
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