Call reports 2017
SOUTH STORY BANK & TRUST — 2017
What SOUTH STORY BANK & TRUST reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 164,381,000 | 170,439,000 | 179,135,000 | 188,897,000 |
| Total loans | 128,072,000 | 138,365,000 | 140,901,000 | 147,598,000 |
| Allowance for loan losses | 1,662,000 | 1,440,000 | 1,536,000 | 1,721,000 |
| Securities available for sale | 17,541,000 | 13,586,000 | 14,634,000 | 17,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,127,000 | 148,687,000 | 156,967,000 | 166,476,000 |
| Interest-bearing deposits | 115,422,000 | 120,585,000 | 126,108,000 | 132,428,000 |
| Noninterest-bearing deposits | 28,705,000 | 28,102,000 | 30,859,000 | 34,048,000 |
| Equity capital | 16,384,000 | 16,827,000 | 17,214,000 | 17,459,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,752,000 | 3,695,000 | 5,718,000 | 7,854,000 |
| Interest expense | 211,000 | 435,000 | 699,000 | 988,000 |
| Net interest income | 1,541,000 | 3,260,000 | 5,019,000 | 6,866,000 |
| Noninterest income | 266,000 | 601,000 | 920,000 | 1,134,000 |
| Noninterest expense | 1,289,000 | 2,546,000 | 3,854,000 | 5,038,000 |
| Provision for loan losses | 75,000 | 150,000 | 250,000 | 435,000 |
| Pretax income | 443,000 | 1,167,000 | 1,837,000 | 2,529,000 |
| Income tax | 23,000 | 58,000 | 91,000 | 126,000 |
| Net income | 420,000 | 1,109,000 | 1,746,000 | 2,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,785,000 | 13,173,000 | 13,565,000 | 13,952,000 |
| Total capital | 14,254,000 | 14,613,000 | 15,101,000 | 15,673,000 |
| Risk-weighted assets | 117,382,000 | 129,093,000 | 135,283,000 | 140,292,000 |