Call reports 2018
SOUTH STORY BANK & TRUST — 2018
What SOUTH STORY BANK & TRUST reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 196,937,000 | 191,621,000 | 195,802,000 | 200,517,000 |
| Total loans | 149,318,000 | 154,055,000 | 158,929,000 | 162,361,000 |
| Allowance for loan losses | 1,828,000 | 1,933,000 | 2,040,000 | 1,685,000 |
| Securities available for sale | 21,025,000 | 19,761,000 | 19,180,000 | 18,889,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,098,000 | 168,185,000 | 171,939,000 | 178,432,000 |
| Interest-bearing deposits | 138,035,000 | 136,009,000 | 140,253,000 | 147,407,000 |
| Noninterest-bearing deposits | 36,063,000 | 32,176,000 | 31,686,000 | 31,025,000 |
| Equity capital | 17,878,000 | 18,324,000 | 18,661,000 | 19,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,112,000 | 4,398,000 | 6,735,000 | 9,250,000 |
| Interest expense | 296,000 | 619,000 | 1,027,000 | 1,486,000 |
| Net interest income | 1,816,000 | 3,779,000 | 5,708,000 | 7,764,000 |
| Noninterest income | 203,000 | 555,000 | 844,000 | 1,096,000 |
| Noninterest expense | 1,319,000 | 2,732,000 | 4,121,000 | 5,451,000 |
| Provision for loan losses | 105,000 | 210,000 | 337,000 | 592,000 |
| Pretax income | 595,000 | 1,379,000 | 2,081,000 | 2,804,000 |
| Income tax | 30,000 | 69,000 | 104,000 | 140,000 |
| Net income | 565,000 | 1,310,000 | 1,977,000 | 2,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,517,000 | 15,006,000 | 15,418,000 | 16,605,000 |
| Total capital | 16,316,000 | 16,830,000 | 17,289,000 | 18,290,000 |
| Risk-weighted assets | 143,956,000 | 145,815,000 | 149,587,000 | 153,333,000 |