Call reports 2015
SOUTHERN BANK — 2015
What SOUTHERN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,296,030,000 | 1,293,259,000 | 1,312,795,000 | 1,330,996,000 |
| Total loans | 1,061,267,000 | 1,065,444,000 | 1,081,899,000 | 1,092,599,000 |
| Allowance for loan losses | 11,743,000 | 12,298,000 | 12,812,000 | 13,172,000 |
| Securities available for sale | 133,637,000 | 129,593,000 | 127,485,000 | 129,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,060,305,000 | 1,056,143,000 | 1,058,431,000 | 1,118,425,000 |
| Interest-bearing deposits | 935,348,000 | 937,770,000 | 935,375,000 | 989,734,000 |
| Noninterest-bearing deposits | 124,957,000 | 118,373,000 | 123,056,000 | 128,691,000 |
| Equity capital | 137,387,000 | 139,583,000 | 142,765,000 | 125,942,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 14,012,000 | 28,030,000 | 42,075,000 | 56,388,000 |
| Interest expense | 2,091,000 | 4,236,000 | 6,379,000 | 8,582,000 |
| Net interest income | 11,921,000 | 23,794,000 | 35,696,000 | 47,806,000 |
| Noninterest income | 2,063,000 | 4,348,000 | 6,647,000 | 9,139,000 |
| Noninterest expense | 7,977,000 | 15,899,000 | 23,911,000 | 32,004,000 |
| Provision for loan losses | 837,000 | 1,496,000 | 2,114,000 | 2,610,000 |
| Pretax income | 5,173,000 | 10,750,000 | 16,321,000 | 22,334,000 |
| Income tax | 1,578,000 | 3,404,000 | 5,173,000 | 6,987,000 |
| Net income | 3,595,000 | 7,346,000 | 11,148,000 | 15,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 134,174,000 | 136,741,000 | 139,764,000 | 123,225,000 |
| Total capital | 145,917,000 | 149,744,000 | 153,312,000 | 137,187,000 |
| Risk-weighted assets | 1,114,972,000 | 1,083,844,000 | 1,106,242,000 | 1,163,254,000 |