Call report 2024Q2
SOUTHPOINT BANK — 2024Q2
The 22 measures SOUTHPOINT BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,747,935,000 | USD | evidence → |
| Total loans | 1,551,801,000 | USD | evidence → |
| Allowance for loan losses | 19,209,000 | USD | evidence → |
| Securities available for sale | 33,677,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,496,905,000 | USD | evidence → |
| Interest-bearing deposits | 1,330,291,000 | USD | evidence → |
| Noninterest-bearing deposits | 166,614,000 | USD | evidence → |
| Equity capital | 144,524,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 57,754,000 | USD | evidence → |
| Interest expense | 28,544,000 | USD | evidence → |
| Net interest income | 29,210,000 | USD | evidence → |
| Noninterest income | 3,315,000 | USD | evidence → |
| Noninterest expense | 17,465,000 | USD | evidence → |
| Provision for loan losses | 2,499,000 | USD | evidence → |
| Pretax income | 11,460,000 | USD | evidence → |
| Income tax | 2,498,000 | USD | evidence → |
| Net income | 8,962,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 137,884,000 | USD | evidence → |
| Total capital | 157,146,000 | USD | evidence → |
| Risk-weighted assets | 1,539,943,000 | USD | evidence → |