Call reports 2013
SOUTHERN BANK — 2013
What SOUTHERN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 786,705,000 | 789,734,000 | 823,714,000 | 940,997,000 |
| Total loans | 618,750,000 | 649,046,000 | 680,587,000 | 751,422,000 |
| Allowance for loan losses | 8,109,000 | 8,386,000 | 8,795,000 | 9,085,000 |
| Securities available for sale | 80,115,000 | 80,004,000 | 82,737,000 | 112,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 647,203,000 | 648,956,000 | 651,093,000 | 738,541,000 |
| Interest-bearing deposits | 577,073,000 | 586,937,000 | 592,389,000 | 671,534,000 |
| Noninterest-bearing deposits | 70,130,000 | 62,019,000 | 58,704,000 | 67,007,000 |
| Equity capital | 84,822,000 | 85,799,000 | 87,081,000 | 97,037,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 8,742,000 | 17,713,000 | 26,853,000 | 37,071,000 |
| Interest expense | 1,812,000 | 3,588,000 | 5,330,000 | 7,158,000 |
| Net interest income | 6,930,000 | 14,125,000 | 21,523,000 | 29,913,000 |
| Noninterest income | 1,147,000 | 2,262,000 | 3,774,000 | 5,389,000 |
| Noninterest expense | 4,395,000 | 8,877,000 | 13,462,000 | 19,552,000 |
| Provision for loan losses | 228,000 | 643,000 | 1,143,000 | 1,438,000 |
| Pretax income | 3,454,000 | 6,867,000 | 10,692,000 | 14,421,000 |
| Income tax | 934,000 | 1,795,000 | 2,907,000 | 3,959,000 |
| Net income | 2,520,000 | 5,072,000 | 7,785,000 | 10,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,994,000 | 84,938,000 | 87,008,000 | 95,877,000 |
| Total capital | 90,297,000 | 92,618,000 | 95,046,000 | 104,743,000 |
| Risk-weighted assets | 582,882,000 | 613,236,000 | 641,862,000 | 708,573,000 |