Call reports 2009
SOUTHPOINT BANK — 2009
What SOUTHPOINT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 249,546,000 | 248,522,000 | 243,949,000 | 255,897,000 |
| Total loans | 200,635,000 | 207,045,000 | 210,864,000 | 212,452,000 |
| Allowance for loan losses | 1,872,000 | 2,753,000 | 2,686,000 | 3,657,000 |
| Securities available for sale | 34,729,000 | 24,785,000 | 20,327,000 | 17,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,664,000 | 213,872,000 | 210,345,000 | 226,380,000 |
| Interest-bearing deposits | 198,353,000 | 201,220,000 | 197,872,000 | 212,222,000 |
| Noninterest-bearing deposits | 14,311,000 | 12,652,000 | 12,474,000 | 14,159,000 |
| Equity capital | 21,351,000 | 20,762,000 | 20,642,000 | 16,288,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,075,000 | 6,357,000 | 9,544,000 | 12,550,000 |
| Interest expense | 1,298,000 | 2,674,000 | 4,020,000 | 5,336,000 |
| Net interest income | 1,777,000 | 3,683,000 | 5,524,000 | 7,214,000 |
| Noninterest income | 476,000 | 862,000 | 805,000 | 1,141,000 |
| Noninterest expense | 1,891,000 | 3,867,000 | 5,850,000 | 8,120,000 |
| Provision for loan losses | 500,000 | 1,367,000 | 1,519,000 | 5,636,000 |
| Pretax income | 16,000 | 18,000 | -306,000 | -4,667,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 16,000 | 18,000 | -306,000 | -4,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,762,000 | 20,830,000 | 20,531,000 | 16,196,000 |
| Total capital | 22,634,000 | 23,537,000 | 23,217,000 | 18,937,000 |
| Risk-weighted assets | 207,064,000 | 215,877,000 | 217,593,000 | 217,649,000 |