Call reports 2014
SOUTHBANK, FEDERAL SAVINGS BANK — 2014
What SOUTHBANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 169,568,000 | 166,469,000 | 163,038,000 | 112,747,000 |
| Total loans | 77,751,000 | 70,266,000 | 65,864,000 | 53,442,000 |
| Allowance for loan losses | 1,064,000 | 1,018,000 | 1,043,000 | 1,429,000 |
| Securities available for sale | 39,998,000 | 39,946,000 | 30,130,000 | 28,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,355,000 | 147,180,000 | 144,628,000 | 92,987,000 |
| Interest-bearing deposits | 139,733,000 | 136,295,000 | 135,125,000 | 87,064,000 |
| Noninterest-bearing deposits | 11,622,000 | 10,885,000 | 9,503,000 | 5,923,000 |
| Equity capital | 13,342,000 | 14,075,000 | 13,079,000 | 15,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,394,000 | 2,709,000 | 3,890,000 | 4,892,000 |
| Interest expense | 271,000 | 527,000 | 776,000 | 971,000 |
| Net interest income | 1,123,000 | 2,182,000 | 3,114,000 | 3,921,000 |
| Noninterest income | 234,000 | 650,000 | 864,000 | 3,041,000 |
| Noninterest expense | 2,148,000 | 4,189,000 | 6,138,000 | 7,968,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -790,000 | -1,356,000 | -2,111,000 | -1,464,000 |
| Income tax | -1,000 | 7,000 | 15,000 | 24,000 |
| Net income | -789,000 | -1,363,000 | -2,126,000 | -1,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,735,000 | 15,161,000 | 14,673,000 | 15,486,000 |
| Total capital | 16,078,000 | 15,458,000 | 14,940,000 | 15,517,000 |
| Risk-weighted assets | 104,265,000 | 94,957,000 | 89,821,000 | 70,675,000 |