Call reports 2019
SOUTHERN BANK — 2019
What SOUTHERN BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,168,574,000 | 2,200,893,000 | 2,238,028,000 | 2,298,764,000 |
| Total loans | 1,842,807,000 | 1,866,308,000 | 1,895,207,000 | 1,943,600,000 |
| Allowance for loan losses | 19,434,000 | 19,903,000 | 20,710,000 | 20,814,000 |
| Securities available for sale | 161,510,000 | 165,535,000 | 171,006,000 | 175,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,883,823,000 | 1,901,848,000 | 1,879,066,000 | 1,922,007,000 |
| Interest-bearing deposits | 1,649,809,000 | 1,674,806,000 | 1,650,122,000 | 1,692,182,000 |
| Noninterest-bearing deposits | 234,014,000 | 227,042,000 | 228,944,000 | 229,825,000 |
| Equity capital | 226,994,000 | 234,716,000 | 240,604,000 | 246,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 25,317,000 | 51,470,000 | 78,535,000 | 105,297,000 |
| Interest expense | 6,371,000 | 13,171,000 | 20,287,000 | 27,326,000 |
| Net interest income | 18,946,000 | 38,299,000 | 58,248,000 | 77,971,000 |
| Noninterest income | 3,756,000 | 7,632,000 | 12,046,000 | 16,205,000 |
| Noninterest expense | 13,171,000 | 26,026,000 | 39,281,000 | 52,712,000 |
| Provision for loan losses | 491,000 | 1,037,000 | 1,933,000 | 2,321,000 |
| Pretax income | 9,284,000 | 19,112,000 | 29,324,000 | 39,387,000 |
| Income tax | 1,820,000 | 3,762,000 | 5,823,000 | 7,828,000 |
| Net income | 7,464,000 | 15,350,000 | 23,501,000 | 31,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 219,739,000 | 225,985,000 | 232,078,000 | 238,026,000 |
| Total capital | 240,530,000 | 247,199,000 | 253,953,000 | 260,367,000 |
| Risk-weighted assets | 1,921,920,000 | 1,929,544,000 | 1,974,152,000 | 2,000,700,000 |