Call reports 2013
SOUTH STORY BANK & TRUST — 2013
What SOUTH STORY BANK & TRUST reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 102,508,000 | 100,425,000 | 98,110,000 | 113,991,000 |
| Total loans | 69,194,000 | 70,916,000 | 75,372,000 | 85,649,000 |
| Allowance for loan losses | 906,000 | 963,000 | 1,005,000 | 1,043,000 |
| Securities available for sale | 10,980,000 | 10,583,000 | 10,557,000 | 10,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,151,000 | 87,929,000 | 85,280,000 | 98,921,000 |
| Interest-bearing deposits | 70,341,000 | 70,642,000 | 66,510,000 | 77,450,000 |
| Noninterest-bearing deposits | 19,810,000 | 17,287,000 | 18,770,000 | 21,471,000 |
| Equity capital | 11,174,000 | 11,308,000 | 11,629,000 | 11,983,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,006,000 | 2,119,000 | 3,201,000 | 4,390,000 |
| Interest expense | 150,000 | 297,000 | 433,000 | 571,000 |
| Net interest income | 856,000 | 1,822,000 | 2,768,000 | 3,819,000 |
| Noninterest income | 344,000 | 554,000 | 685,000 | 795,000 |
| Noninterest expense | 753,000 | 1,496,000 | 2,234,000 | 2,948,000 |
| Provision for loan losses | 42,000 | 84,000 | 126,000 | 168,000 |
| Pretax income | 405,000 | 801,000 | 1,098,000 | 1,506,000 |
| Income tax | 20,000 | 40,000 | 55,000 | 75,000 |
| Net income | 385,000 | 761,000 | 1,043,000 | 1,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,049,000 | 7,447,000 | 7,751,000 | 8,183,000 |
| Total capital | 7,875,000 | 8,305,000 | 8,678,000 | 9,226,000 |
| Risk-weighted assets | 66,039,000 | 68,557,000 | 74,084,000 | 83,936,000 |