Call reports 2012
SOUTHERN BANK — 2012
What SOUTHERN BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 745,717,000 | 731,862,000 | 736,413,000 | 763,553,000 |
| Total loans | 546,711,000 | 584,235,000 | 610,097,000 | 620,715,000 |
| Allowance for loan losses | 7,259,000 | 7,492,000 | 8,081,000 | 7,920,000 |
| Securities available for sale | 73,593,000 | 75,127,000 | 71,974,000 | 77,650,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 614,449,000 | 600,156,000 | 587,409,000 | 622,093,000 |
| Interest-bearing deposits | 555,774,000 | 531,247,000 | 520,313,000 | 545,242,000 |
| Noninterest-bearing deposits | 58,675,000 | 68,909,000 | 67,096,000 | 76,851,000 |
| Equity capital | 77,233,000 | 79,234,000 | 81,400,000 | 83,240,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,781,000 | 18,808,000 | 28,142,000 | 37,315,000 |
| Interest expense | 2,395,000 | 4,480,000 | 6,371,000 | 8,187,000 |
| Net interest income | 7,386,000 | 14,328,000 | 21,771,000 | 29,128,000 |
| Noninterest income | 1,002,000 | 2,047,000 | 3,198,000 | 4,307,000 |
| Noninterest expense | 4,939,000 | 8,794,000 | 12,971,000 | 17,341,000 |
| Provision for loan losses | 215,000 | 923,000 | 1,533,000 | 1,995,000 |
| Pretax income | 3,234,000 | 6,658,000 | 10,465,000 | 14,099,000 |
| Income tax | 972,000 | 1,929,000 | 3,098,000 | 4,196,000 |
| Net income | 2,262,000 | 4,729,000 | 7,367,000 | 9,903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,097,000 | 77,077,000 | 79,122,000 | 81,065,000 |
| Total capital | 81,571,000 | 83,992,000 | 86,398,000 | 88,451,000 |
| Risk-weighted assets | 516,554,000 | 552,125,000 | 580,803,000 | 589,892,000 |