FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

SOUTHERN BANK — 2024Q1

The 22 measures SOUTHERN BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7f33df11-d24f-4fee-bdcf-0ba00b87926c/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets4,596,340,000USDevidence →
Total loans3,771,193,000USDevidence →
Allowance for loan losses51,336,000USDevidence →
Securities available for sale433,665,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits4,012,390,000USDevidence →
Interest-bearing deposits3,461,292,000USDevidence →
Noninterest-bearing deposits551,098,000USDevidence →
Equity capital434,381,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income64,171,000USDevidence →
Interest expense29,157,000USDevidence →
Net interest income35,014,000USDevidence →
Noninterest income7,741,000USDevidence →
Noninterest expense26,226,000USDevidence →
Provision for loan losses1,358,000USDevidence →
Pretax income14,822,000USDevidence →
Income tax2,980,000USDevidence →
Net income11,842,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital436,216,000USDevidence →
Total capital484,637,000USDevidence →
Risk-weighted assets3,871,424,000USDevidence →