Call reports 2012
SOUTHERN BANK — 2012
What SOUTHERN BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 87,595,000 | 84,398,000 | 81,822,000 | 83,881,000 |
| Total loans | 54,676,000 | 53,826,000 | 52,042,000 | 52,619,000 |
| Allowance for loan losses | 1,248,000 | 1,129,000 | 1,114,000 | 1,104,000 |
| Securities available for sale | 931,000 | 1,454,000 | 1,131,000 | 897,000 |
| Securities held to maturity | 15,069,000 | 14,266,000 | 14,065,000 | 14,661,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,468,000 | 76,346,000 | 73,840,000 | 75,719,000 |
| Interest-bearing deposits | 69,369,000 | 67,561,000 | 65,635,000 | 65,399,000 |
| Noninterest-bearing deposits | 10,099,000 | 8,785,000 | 8,205,000 | 10,320,000 |
| Equity capital | 7,838,000 | 7,847,000 | 7,789,000 | 7,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,146,000 | 2,235,000 | 3,316,000 | 4,365,000 |
| Interest expense | 232,000 | 447,000 | 634,000 | 800,000 |
| Net interest income | 914,000 | 1,788,000 | 2,682,000 | 3,565,000 |
| Noninterest income | 6,000 | -15,000 | -110,000 | -105,000 |
| Noninterest expense | 820,000 | 1,633,000 | 2,507,000 | 3,289,000 |
| Provision for loan losses | 90,000 | 180,000 | 180,000 | 180,000 |
| Pretax income | 25,000 | 19,000 | -25,000 | 101,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 25,000 | 19,000 | -25,000 | 101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,817,000 | 7,811,000 | 7,770,000 | 7,894,000 |
| Total capital | 8,568,000 | 8,543,000 | 8,479,000 | 8,595,000 |
| Risk-weighted assets | 59,555,000 | 58,183,000 | 56,342,000 | 55,698,000 |