Call reports 2005
SOUTHERN BANK — 2005
What SOUTHERN BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 66,766,000 | 67,607,000 | 70,987,000 | 71,924,000 |
| Total loans | 51,901,000 | 52,319,000 | 56,419,000 | 57,615,000 |
| Allowance for loan losses | 637,000 | 684,000 | 737,000 | 770,000 |
| Securities available for sale | 1,572,000 | 1,586,000 | 1,682,000 | 1,665,000 |
| Securities held to maturity | 4,529,000 | 4,626,000 | 4,627,000 | 4,628,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,883,000 | 61,392,000 | 64,654,000 | 65,392,000 |
| Interest-bearing deposits | 54,234,000 | 55,215,000 | 57,786,000 | 58,386,000 |
| Noninterest-bearing deposits | 6,649,000 | 6,177,000 | 6,868,000 | 7,006,000 |
| Equity capital | 5,495,000 | 5,720,000 | 5,837,000 | 6,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,197,000 | 2,399,000 | 3,657,000 | 5,018,000 |
| Interest expense | 302,000 | 619,000 | 981,000 | 1,400,000 |
| Net interest income | 895,000 | 1,780,000 | 2,676,000 | 3,618,000 |
| Noninterest income | 158,000 | 308,000 | 464,000 | 579,000 |
| Noninterest expense | 654,000 | 1,303,000 | 1,990,000 | 2,677,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 275,000 |
| Pretax income | 324,000 | 636,000 | 926,000 | 1,248,000 |
| Income tax | 96,000 | 192,000 | 285,000 | 419,000 |
| Net income | 228,000 | 444,000 | 641,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,515,000 | 5,734,000 | 5,853,000 | 6,039,000 |
| Total capital | 6,152,000 | 6,385,000 | 6,551,000 | 6,753,000 |
| Risk-weighted assets | 51,331,000 | 51,844,000 | 55,794,000 | 56,763,000 |