Call reports 2019
SOUTHPOINT BANK — 2019
What SOUTHPOINT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 374,018,000 | 395,648,000 | 407,319,000 | 410,115,000 |
| Total loans | 313,301,000 | 332,281,000 | 337,473,000 | 344,326,000 |
| Allowance for loan losses | 3,640,000 | 3,674,000 | 3,559,000 | 3,586,000 |
| Securities available for sale | 38,123,000 | 37,044,000 | 36,914,000 | 37,158,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,026,000 | 331,856,000 | 367,508,000 | 368,271,000 |
| Interest-bearing deposits | 293,862,000 | 286,370,000 | 319,023,000 | 327,344,000 |
| Noninterest-bearing deposits | 39,164,000 | 45,486,000 | 48,484,000 | 40,927,000 |
| Equity capital | 34,323,000 | 35,917,000 | 37,626,000 | 38,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,549,000 | 9,344,000 | 14,407,000 | 19,326,000 |
| Interest expense | 1,176,000 | 2,475,000 | 3,834,000 | 5,187,000 |
| Net interest income | 3,373,000 | 6,869,000 | 10,573,000 | 14,139,000 |
| Noninterest income | 1,374,000 | 2,878,000 | 4,696,000 | 6,399,000 |
| Noninterest expense | 3,211,000 | 6,613,000 | 10,199,000 | 13,776,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,476,000 | 3,011,000 | 4,887,000 | 6,524,000 |
| Income tax | 321,000 | 655,000 | 1,079,000 | 1,363,000 |
| Net income | 1,155,000 | 2,356,000 | 3,808,000 | 5,161,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,248,000 | 35,449,000 | 36,902,000 | 38,255,000 |
| Total capital | 37,888,000 | 39,123,000 | 40,461,000 | 41,841,000 |
| Risk-weighted assets | 342,275,000 | 369,911,000 | 367,939,000 | 381,737,000 |