Call reports 2015
SOUTHPOINT BANK — 2015
What SOUTHPOINT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 209,082,000 | 219,192,000 | 232,826,000 | 227,770,000 |
| Total loans | 165,426,000 | 171,326,000 | 171,925,000 | 173,560,000 |
| Allowance for loan losses | 2,881,000 | 3,076,000 | 3,059,000 | 3,096,000 |
| Securities available for sale | 31,208,000 | 37,447,000 | 41,327,000 | 40,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,669,000 | 178,858,000 | 197,859,000 | 184,822,000 |
| Interest-bearing deposits | 154,587,000 | 155,070,000 | 178,116,000 | 163,895,000 |
| Noninterest-bearing deposits | 21,082,000 | 23,788,000 | 19,743,000 | 20,927,000 |
| Equity capital | 20,489,000 | 20,511,000 | 21,395,000 | 22,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,240,000 | 4,589,000 | 7,064,000 | 9,544,000 |
| Interest expense | 438,000 | 847,000 | 1,279,000 | 1,726,000 |
| Net interest income | 1,802,000 | 3,742,000 | 5,785,000 | 7,818,000 |
| Noninterest income | 1,090,000 | 2,422,000 | 3,522,000 | 4,483,000 |
| Noninterest expense | 2,047,000 | 4,372,000 | 6,644,000 | 9,082,000 |
| Provision for loan losses | 75,000 | 210,000 | 285,000 | 335,000 |
| Pretax income | 801,000 | 1,613,000 | 2,409,000 | 2,908,000 |
| Income tax | 279,000 | 532,000 | 794,000 | 872,000 |
| Net income | 522,000 | 1,081,000 | 1,615,000 | 2,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,602,000 | 20,509,000 | 21,325,000 | 21,746,000 |
| Total capital | 21,857,000 | 22,841,000 | 23,719,000 | 24,144,000 |
| Risk-weighted assets | 179,385,000 | 185,648,000 | 190,844,000 | 191,106,000 |