Call reports 2015
SOUTHBANK, FEDERAL SAVINGS BANK — 2015
What SOUTHBANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 110,253,000 | 104,039,000 | 104,405,000 | 65,358,000 |
| Total loans | 50,801,000 | 43,026,000 | 40,029,000 | 32,940,000 |
| Allowance for loan losses | 2,234,000 | 2,261,000 | 2,272,000 | 2,267,000 |
| Securities available for sale | 23,651,000 | 20,612,000 | 20,909,000 | 20,630,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,474,000 | 87,855,000 | 88,214,000 | 48,776,000 |
| Interest-bearing deposits | 84,278,000 | 81,324,000 | 82,594,000 | 44,244,000 |
| Noninterest-bearing deposits | 6,196,000 | 6,531,000 | 5,620,000 | 4,532,000 |
| Equity capital | 14,578,000 | 13,171,000 | 12,629,000 | 12,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 932,000 | 1,799,000 | 2,521,000 | 3,154,000 |
| Interest expense | 169,000 | 327,000 | 478,000 | 610,000 |
| Net interest income | 763,000 | 1,472,000 | 2,043,000 | 2,544,000 |
| Noninterest income | 90,000 | 166,000 | 193,000 | 1,813,000 |
| Noninterest expense | 1,638,000 | 3,348,000 | 4,862,000 | 6,580,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -806,000 | -1,731,000 | -2,644,000 | -2,241,000 |
| Income tax | 8,000 | 17,000 | 27,000 | 34,000 |
| Net income | -814,000 | -1,748,000 | -2,671,000 | -2,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,655,000 | 13,600,000 | 12,701,000 | 13,157,000 |
| Total capital | 14,655,000 | 13,600,000 | 13,317,000 | 13,732,000 |
| Risk-weighted assets | 65,662,000 | 57,923,000 | 53,798,000 | 44,157,000 |