Call reports 2009
SOUTHERN BANK — 2009
What SOUTHERN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 93,376,000 | 95,019,000 | 95,649,000 | 96,353,000 |
| Total loans | 70,195,000 | 71,354,000 | 71,914,000 | 68,829,000 |
| Allowance for loan losses | 1,063,000 | 1,017,000 | 1,137,000 | 1,119,000 |
| Securities available for sale | 2,121,000 | 1,474,000 | 1,499,000 | 1,235,000 |
| Securities held to maturity | 8,508,000 | 8,282,000 | 8,281,000 | 8,445,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,968,000 | 84,771,000 | 85,242,000 | 86,045,000 |
| Interest-bearing deposits | 75,933,000 | 77,856,000 | 78,815,000 | 79,613,000 |
| Noninterest-bearing deposits | 7,035,000 | 6,915,000 | 6,427,000 | 6,432,000 |
| Equity capital | 7,868,000 | 7,628,000 | 7,845,000 | 7,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,545,000 | 3,040,000 | 4,537,000 | 5,961,000 |
| Interest expense | 673,000 | 1,306,000 | 1,908,000 | 2,470,000 |
| Net interest income | 872,000 | 1,734,000 | 2,629,000 | 3,491,000 |
| Noninterest income | 118,000 | 161,000 | 277,000 | 456,000 |
| Noninterest expense | 658,000 | 1,368,000 | 2,090,000 | 2,937,000 |
| Provision for loan losses | 150,000 | 250,000 | 350,000 | 425,000 |
| Pretax income | 198,000 | -243,000 | -54,000 | 66,000 |
| Income tax | 97,000 | -107,000 | -107,000 | -11,000 |
| Net income | 101,000 | -136,000 | 53,000 | 77,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,882,000 | 7,642,000 | 7,837,000 | 7,852,000 |
| Total capital | 8,794,000 | 8,550,000 | 8,770,000 | 8,753,000 |
| Risk-weighted assets | 72,848,000 | 72,665,000 | 74,442,000 | 71,997,000 |