Call reports 2010
SOUTHPOINT BANK — 2010
What SOUTHPOINT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 257,468,000 | 262,851,000 | 279,422,000 | 291,558,000 |
| Total loans | 211,921,000 | 196,564,000 | 190,530,000 | 188,643,000 |
| Allowance for loan losses | 3,764,000 | 3,563,000 | 3,275,000 | 3,509,000 |
| Securities available for sale | 17,170,000 | 21,513,000 | 49,411,000 | 55,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,038,000 | 231,433,000 | 246,688,000 | 261,759,000 |
| Interest-bearing deposits | 206,050,000 | 220,413,000 | 232,713,000 | 222,477,000 |
| Noninterest-bearing deposits | 12,988,000 | 11,021,000 | 13,975,000 | 39,282,000 |
| Equity capital | 17,188,000 | 17,838,000 | 17,958,000 | 16,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,116,000 | 6,209,000 | 9,423,000 | 12,444,000 |
| Interest expense | 1,225,000 | 2,410,000 | 3,748,000 | 5,022,000 |
| Net interest income | 1,891,000 | 3,799,000 | 5,675,000 | 7,422,000 |
| Noninterest income | 560,000 | 917,000 | 1,147,000 | 1,350,000 |
| Noninterest expense | 1,835,000 | 3,713,000 | 5,399,000 | 8,025,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 700,000 |
| Pretax income | 715,000 | 1,271,000 | 1,491,000 | 315,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 715,000 | 1,271,000 | 1,491,000 | 315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,146,000 | 17,726,000 | 17,764,000 | 16,612,000 |
| Total capital | 19,850,000 | 20,378,000 | 20,377,000 | 19,133,000 |
| Risk-weighted assets | 215,266,000 | 210,796,000 | 207,611,000 | 200,672,000 |