Call reports 2001
SOUTHERN COMMERCIAL BANK — 2001
What SOUTHERN COMMERCIAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 456,591,000 | 470,145,000 | 483,384,000 | 473,840,000 |
| Total loans | 330,325,000 | 335,271,000 | 345,304,000 | 356,563,000 |
| Allowance for loan losses | 3,199,000 | 2,948,000 | 3,045,000 | 3,061,000 |
| Securities available for sale | 28,709,000 | 36,981,000 | 39,072,000 | 40,483,000 |
| Securities held to maturity | 5,691,000 | 5,615,000 | 5,079,000 | 4,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 418,571,000 | 431,575,000 | 445,118,000 | 435,677,000 |
| Interest-bearing deposits | 376,698,000 | 387,194,000 | 397,869,000 | 383,678,000 |
| Noninterest-bearing deposits | 41,873,000 | 44,381,000 | 47,249,000 | 51,999,000 |
| Equity capital | 30,539,000 | 30,808,000 | 30,854,000 | 31,082,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 8,283,000 | 16,836,000 | 24,833,000 | 32,364,000 |
| Interest expense | 4,941,000 | 10,193,000 | 15,190,000 | 19,579,000 |
| Net interest income | 3,342,000 | 6,643,000 | 9,643,000 | 12,785,000 |
| Noninterest income | 349,000 | 781,000 | 1,289,000 | 1,773,000 |
| Noninterest expense | 2,867,000 | 5,791,000 | 8,785,000 | 11,688,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 900,000 |
| Pretax income | 774,000 | 1,358,000 | 1,647,000 | 2,198,000 |
| Income tax | 307,000 | 338,000 | 414,000 | 522,000 |
| Net income | 467,000 | 1,020,000 | 1,233,000 | 1,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,212,000 | 30,720,000 | 30,813,000 | 31,102,000 |
| Total capital | 33,435,000 | 33,691,000 | 33,867,000 | 34,163,000 |
| Risk-weighted assets | 344,741,000 | 347,723,000 | 371,300,000 | 382,443,000 |