Call reports 2017
SOUTHERN BANK — 2017
What SOUTHERN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,492,116,000 | 1,699,841,000 | 1,755,287,000 | 1,768,439,000 |
| Total loans | 1,241,121,000 | 1,413,268,000 | 1,465,917,000 | 1,469,841,000 |
| Allowance for loan losses | 15,190,000 | 15,538,000 | 16,357,000 | 16,867,000 |
| Securities available for sale | 134,048,000 | 144,416,000 | 147,680,000 | 148,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,276,721,000 | 1,466,455,000 | 1,482,319,000 | 1,519,788,000 |
| Interest-bearing deposits | 1,133,405,000 | 1,268,645,000 | 1,276,939,000 | 1,316,652,000 |
| Noninterest-bearing deposits | 143,316,000 | 197,810,000 | 205,380,000 | 203,136,000 |
| Equity capital | 140,488,000 | 172,199,000 | 175,905,000 | 179,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 15,087,000 | 31,542,000 | 50,061,000 | 69,393,000 |
| Interest expense | 2,368,000 | 4,992,000 | 8,101,000 | 11,427,000 |
| Net interest income | 12,719,000 | 26,550,000 | 41,960,000 | 57,966,000 |
| Noninterest income | 2,954,000 | 5,193,000 | 8,596,000 | 11,923,000 |
| Noninterest expense | 9,521,000 | 19,477,000 | 30,227,000 | 40,800,000 |
| Provision for loan losses | 376,000 | 759,000 | 1,627,000 | 2,269,000 |
| Pretax income | 5,776,000 | 11,507,000 | 18,702,000 | 26,857,000 |
| Income tax | 1,571,000 | 3,204,000 | 5,231,000 | 7,851,000 |
| Net income | 4,205,000 | 8,303,000 | 13,471,000 | 19,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 137,878,000 | 167,263,000 | 171,121,000 | 175,546,000 |
| Total capital | 153,956,000 | 183,906,000 | 188,585,000 | 193,448,000 |
| Risk-weighted assets | 1,304,645,000 | 1,513,974,000 | 1,560,322,000 | 1,560,123,000 |