Call reports 2026
SOUTHPOINT BANK — 2026
What SOUTHPOINT BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 1,444,006,000 | 1,360,933,000 |
| Total loans | 1,133,728,000 | 1,064,861,000 |
| Allowance for loan losses | 33,406,000 | 29,204,000 |
| Securities available for sale | 46,207,000 | 45,298,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,318,742,000 | 1,247,267,000 |
| Interest-bearing deposits | 1,172,533,000 | 1,100,561,000 |
| Noninterest-bearing deposits | 146,209,000 | 146,706,000 |
| Equity capital | 115,835,000 | 104,510,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 20,503,000 | 40,215,000 |
| Interest expense | 9,734,000 | 19,041,000 |
| Net interest income | 10,769,000 | 21,174,000 |
| Noninterest income | 2,229,000 | 4,202,000 |
| Noninterest expense | 8,027,000 | 16,700,000 |
| Provision for loan losses | 6,050,000 | 25,300,000 |
| Pretax income | -1,281,000 | -16,764,000 |
| Income tax | -308,000 | -4,343,000 |
| Net income | -973,000 | -12,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 106,440,000 | 94,684,000 |
| Total capital | 120,842,000 | 108,217,000 |
| Risk-weighted assets | 1,129,128,000 | 1,063,029,000 |