Call reports 2016
SOUTHSTAR BANK, S.S.B. — 2016
What SOUTHSTAR BANK, S.S.B. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 700,153,000 | 734,159,000 | 783,719,000 | 740,424,000 |
| Total loans | 532,288,000 | 586,535,000 | 648,558,000 | 569,035,000 |
| Allowance for loan losses | 2,437,000 | 2,622,000 | 2,696,000 | 2,929,000 |
| Securities available for sale | 75,252,000 | 57,618,000 | 68,045,000 | 76,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 499,530,000 | 490,302,000 | 490,028,000 | 483,436,000 |
| Interest-bearing deposits | 374,494,000 | 361,170,000 | 354,131,000 | 352,457,000 |
| Noninterest-bearing deposits | 125,036,000 | 129,132,000 | 135,897,000 | 130,979,000 |
| Equity capital | 72,365,000 | 73,844,000 | 75,445,000 | 75,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,022,000 | 16,808,000 | 26,037,000 | 35,106,000 |
| Interest expense | 675,000 | 1,414,000 | 2,278,000 | 3,116,000 |
| Net interest income | 7,347,000 | 15,394,000 | 23,759,000 | 31,990,000 |
| Noninterest income | 807,000 | 1,796,000 | 2,916,000 | 3,989,000 |
| Noninterest expense | 5,595,000 | 11,893,000 | 18,260,000 | 24,814,000 |
| Provision for loan losses | 76,000 | 278,000 | 428,000 | 663,000 |
| Pretax income | 2,570,000 | 5,342,000 | 8,310,000 | 10,825,000 |
| Income tax | 850,000 | 1,818,000 | 2,814,000 | 3,674,000 |
| Net income | 1,720,000 | 3,524,000 | 5,496,000 | 7,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,997,000 | 73,451,000 | 75,074,000 | 76,379,000 |
| Total capital | 74,434,000 | 76,073,000 | 77,770,000 | 79,308,000 |
| Risk-weighted assets | 550,736,000 | 596,943,000 | 658,902,000 | 586,357,000 |