Call reports 2012
SOUTHPOINT BANK — 2012
What SOUTHPOINT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 227,129,000 | 226,183,000 | 218,711,000 | 207,660,000 |
| Total loans | 159,195,000 | 156,118,000 | 151,484,000 | 145,927,000 |
| Allowance for loan losses | 4,190,000 | 3,892,000 | 4,083,000 | 3,122,000 |
| Securities available for sale | 37,648,000 | 46,162,000 | 50,372,000 | 48,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,514,000 | 197,759,000 | 189,369,000 | 179,055,000 |
| Interest-bearing deposits | 174,661,000 | 174,367,000 | 161,453,000 | 155,130,000 |
| Noninterest-bearing deposits | 24,852,000 | 23,392,000 | 27,915,000 | 23,926,000 |
| Equity capital | 14,699,000 | 15,066,000 | 15,770,000 | 15,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,387,000 | 4,750,000 | 7,050,000 | 9,113,000 |
| Interest expense | 782,000 | 1,518,000 | 2,204,000 | 2,866,000 |
| Net interest income | 1,605,000 | 3,232,000 | 4,846,000 | 6,247,000 |
| Noninterest income | 502,000 | 1,056,000 | 2,143,000 | 3,153,000 |
| Noninterest expense | 1,792,000 | 3,695,000 | 5,776,000 | 8,042,000 |
| Provision for loan losses | 300,000 | 550,000 | 850,000 | 1,345,000 |
| Pretax income | 456,000 | 498,000 | 818,000 | 848,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 456,000 | 498,000 | 818,000 | 848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,341,000 | 14,391,000 | 14,717,000 | 14,757,000 |
| Total capital | 16,439,000 | 16,410,000 | 16,666,000 | 16,626,000 |
| Risk-weighted assets | 165,777,000 | 159,628,000 | 153,796,000 | 148,264,000 |