Call reports 2006
SOUTHERN BANK — 2006
What SOUTHERN BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 78,780,000 | 80,413,000 | 82,364,000 | 84,357,000 |
| Total loans | 61,357,000 | 63,698,000 | 62,038,000 | 64,121,000 |
| Allowance for loan losses | 705,000 | 739,000 | 708,000 | 667,000 |
| Securities available for sale | 1,660,000 | 1,554,000 | 1,819,000 | 1,829,000 |
| Securities held to maturity | 5,928,000 | 6,027,000 | 6,228,000 | 7,221,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,322,000 | 70,565,000 | 74,915,000 | 76,761,000 |
| Interest-bearing deposits | 61,780,000 | 63,709,000 | 67,159,000 | 68,591,000 |
| Noninterest-bearing deposits | 7,542,000 | 6,856,000 | 7,756,000 | 8,170,000 |
| Equity capital | 6,237,000 | 6,497,000 | 6,681,000 | 6,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,457,000 | 3,016,000 | 4,657,000 | 6,364,000 |
| Interest expense | 483,000 | 1,070,000 | 1,753,000 | 2,482,000 |
| Net interest income | 974,000 | 1,946,000 | 2,904,000 | 3,882,000 |
| Noninterest income | 151,000 | 304,000 | 503,000 | 652,000 |
| Noninterest expense | 651,000 | 1,324,000 | 2,034,000 | 2,762,000 |
| Provision for loan losses | 65,000 | 140,000 | 215,000 | 290,000 |
| Pretax income | 409,000 | 786,000 | 1,158,000 | 1,482,000 |
| Income tax | 99,000 | 212,000 | 324,000 | 516,000 |
| Net income | 310,000 | 574,000 | 834,000 | 966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,264,000 | 6,529,000 | 6,707,000 | 6,838,000 |
| Total capital | 6,969,000 | 7,268,000 | 7,415,000 | 7,505,000 |
| Risk-weighted assets | 61,138,000 | 62,401,000 | 63,083,000 | 64,416,000 |