Call reports 2001
SOUTHERN BANK — 2001
What SOUTHERN BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 50,907,000 | 52,467,000 | 54,095,000 | 54,457,000 |
| Total loans | 36,211,000 | 37,898,000 | 38,437,000 | 39,161,000 |
| Allowance for loan losses | 440,000 | 471,000 | 497,000 | 466,000 |
| Securities available for sale | 3,684,000 | 3,414,000 | 2,802,000 | 2,553,000 |
| Securities held to maturity | 801,000 | 650,000 | 1,051,000 | 971,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,910,000 | 47,822,000 | 49,464,000 | 49,722,000 |
| Interest-bearing deposits | 40,877,000 | 42,746,000 | 44,177,000 | 44,428,000 |
| Noninterest-bearing deposits | 5,033,000 | 5,076,000 | 5,287,000 | 5,294,000 |
| Equity capital | 3,892,000 | 3,949,000 | 3,939,000 | 4,029,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,172,000 | 2,386,000 | 3,584,000 | 4,743,000 |
| Interest expense | 578,000 | 1,179,000 | 1,777,000 | 2,335,000 |
| Net interest income | 594,000 | 1,207,000 | 1,807,000 | 2,408,000 |
| Noninterest income | 91,000 | 196,000 | 295,000 | 406,000 |
| Noninterest expense | 460,000 | 977,000 | 1,521,000 | 2,079,000 |
| Provision for loan losses | 65,000 | 140,000 | 210,000 | 270,000 |
| Pretax income | 166,000 | 296,000 | 384,000 | 483,000 |
| Income tax | 44,000 | 104,000 | 162,000 | 142,000 |
| Net income | 122,000 | 192,000 | 222,000 | 341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,880,000 | 3,950,000 | 3,919,000 | 4,040,000 |
| Total capital | 4,320,000 | 4,421,000 | 4,416,000 | 4,506,000 |
| Risk-weighted assets | 36,574,000 | 40,046,000 | 40,626,000 | 42,410,000 |