Call reports 2005
SOUTHPOINT BANK — 2005
What SOUTHPOINT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q4 |
|---|---|
| Total assets | 22,350,000 |
| Total loans | 4,113,000 |
| Allowance for loan losses | 51,000 |
| Securities available for sale | 1,160,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 4,931,000 |
| Interest-bearing deposits | 4,409,000 |
| Noninterest-bearing deposits | 522,000 |
| Equity capital | 17,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q4 |
|---|---|
| Interest income | 210,000 |
| Interest expense | 12,000 |
| Net interest income | 198,000 |
| Noninterest income | -1,000 |
| Noninterest expense | 638,000 |
| Provision for loan losses | 51,000 |
| Pretax income | -492,000 |
| Income tax | 0 |
| Net income | -492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q4 |
|---|---|
| Tier 1 capital | 17,419,000 |
| Total capital | 17,470,000 |
| Risk-weighted assets | 3,914,000 |