Call reports 2011
SOUTH STORY BANK & TRUST — 2011
What SOUTH STORY BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 67,643,000 | 68,970,000 | 75,426,000 | 79,933,000 |
| Total loans | 45,168,000 | 49,306,000 | 53,504,000 | 60,975,000 |
| Allowance for loan losses | 580,000 | 586,000 | 612,000 | 688,000 |
| Securities available for sale | 7,628,000 | 8,324,000 | 7,139,000 | 6,672,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,299,000 | 58,497,000 | 64,835,000 | 69,113,000 |
| Interest-bearing deposits | 49,225,000 | 49,100,000 | 53,161,000 | 55,670,000 |
| Noninterest-bearing deposits | 8,074,000 | 9,397,000 | 11,674,000 | 13,443,000 |
| Equity capital | 9,143,000 | 9,252,000 | 9,364,000 | 9,623,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 706,000 | 1,435,000 | 2,378,000 | 3,352,000 |
| Interest expense | 147,000 | 293,000 | 438,000 | 593,000 |
| Net interest income | 559,000 | 1,142,000 | 1,940,000 | 2,759,000 |
| Noninterest income | 101,000 | 221,000 | 245,000 | 359,000 |
| Noninterest expense | 497,000 | 1,024,000 | 1,603,000 | 2,189,000 |
| Provision for loan losses | 15,000 | 34,000 | 57,000 | 132,000 |
| Pretax income | 148,000 | 305,000 | 582,000 | 854,000 |
| Income tax | 8,000 | 15,000 | 29,000 | 43,000 |
| Net income | 140,000 | 290,000 | 553,000 | 811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,949,000 | 4,957,000 | 5,081,000 | 5,361,000 |
| Total capital | 5,510,000 | 5,543,000 | 5,693,000 | 6,049,000 |
| Risk-weighted assets | 44,856,000 | 47,829,000 | 52,021,000 | 58,558,000 |