Call reports 2015
SOUTHERN COMMERCIAL BANK — 2015
What SOUTHERN COMMERCIAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 |
|---|---|
| Total assets | 504,099,000 |
| Total loans | 263,977,000 |
| Allowance for loan losses | 7,613,000 |
| Securities available for sale | 83,018,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 433,312,000 |
| Interest-bearing deposits | 345,401,000 |
| Noninterest-bearing deposits | 87,911,000 |
| Equity capital | 60,926,000 |
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 |
|---|---|
| Interest income | 3,681,000 |
| Interest expense | 320,000 |
| Net interest income | 3,361,000 |
| Noninterest income | 471,000 |
| Noninterest expense | 4,947,000 |
| Provision for loan losses | 0 |
| Pretax income | 3,152,000 |
| Income tax | 931,000 |
| Net income | 2,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 |
|---|---|
| Tier 1 capital | 60,493,000 |
| Total capital | 64,136,000 |
| Risk-weighted assets | 287,498,000 |