Call reports 2013
SOUTHPOINT BANK — 2013
What SOUTHPOINT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 195,674,000 | 211,290,000 | 202,754,000 | 232,245,000 |
| Total loans | 149,237,000 | 169,007,000 | 159,821,000 | 152,763,000 |
| Allowance for loan losses | 3,047,000 | 2,735,000 | 2,862,000 | 2,638,000 |
| Securities available for sale | 33,712,000 | 29,909,000 | 28,677,000 | 28,158,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,038,000 | 176,749,000 | 174,442,000 | 203,460,000 |
| Interest-bearing deposits | 148,491,000 | 159,686,000 | 154,614,000 | 187,643,000 |
| Noninterest-bearing deposits | 18,547,000 | 17,064,000 | 19,828,000 | 15,817,000 |
| Equity capital | 15,448,000 | 15,193,000 | 15,179,000 | 15,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,988,000 | 4,081,000 | 6,273,000 | 8,471,000 |
| Interest expense | 608,000 | 1,227,000 | 1,847,000 | 2,428,000 |
| Net interest income | 1,380,000 | 2,854,000 | 4,426,000 | 6,043,000 |
| Noninterest income | 1,059,000 | 2,587,000 | 3,794,000 | 4,648,000 |
| Noninterest expense | 2,085,000 | 4,515,000 | 6,845,000 | 9,003,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 397,000 | 818,000 | 1,117,000 | 1,280,000 |
| Income tax | 0 | 0 | 0 | -500,000 |
| Net income | 397,000 | 818,000 | 1,117,000 | 1,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,154,000 | 15,574,000 | 15,875,000 | 16,538,000 |
| Total capital | 17,090,000 | 17,711,000 | 18,017,000 | 18,596,000 |
| Risk-weighted assets | 153,774,000 | 170,373,000 | 170,629,000 | 164,031,000 |