Call reports 2010
SOUTHERN BANK — 2010
What SOUTHERN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 94,315,000 | 90,907,000 | 91,285,000 | 91,839,000 |
| Total loans | 65,193,000 | 61,680,000 | 60,977,000 | 60,311,000 |
| Allowance for loan losses | 1,141,000 | 1,052,000 | 1,036,000 | 1,219,000 |
| Securities available for sale | 1,187,000 | 1,045,000 | 757,000 | 945,000 |
| Securities held to maturity | 7,340,000 | 10,624,000 | 12,338,000 | 12,523,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,102,000 | 82,683,000 | 83,036,000 | 83,944,000 |
| Interest-bearing deposits | 79,636,000 | 76,324,000 | 75,815,000 | 75,677,000 |
| Noninterest-bearing deposits | 6,466,000 | 6,359,000 | 7,221,000 | 8,267,000 |
| Equity capital | 7,853,000 | 7,912,000 | 7,882,000 | 7,591,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,316,000 | 2,578,000 | 3,811,000 | 5,033,000 |
| Interest expense | 511,000 | 974,000 | 1,397,000 | 1,764,000 |
| Net interest income | 805,000 | 1,604,000 | 2,414,000 | 3,269,000 |
| Noninterest income | 14,000 | 107,000 | 174,000 | 116,000 |
| Noninterest expense | 763,000 | 1,503,000 | 2,329,000 | 3,178,000 |
| Provision for loan losses | 50,000 | 150,000 | 250,000 | 485,000 |
| Pretax income | 6,000 | 58,000 | 20,000 | -267,000 |
| Income tax | 0 | 0 | 0 | -35,000 |
| Net income | 6,000 | 58,000 | 20,000 | -232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,858,000 | 7,914,000 | 7,876,000 | 7,623,000 |
| Total capital | 8,715,000 | 8,755,000 | 8,702,000 | 8,439,000 |
| Risk-weighted assets | 68,378,000 | 67,155,000 | 65,986,000 | 64,855,000 |