Call reports 2015
SOUTHERN BANK — 2015
What SOUTHERN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 81,230,000 | 79,817,000 | 77,766,000 | 78,731,000 |
| Total loans | 53,024,000 | 53,051,000 | 51,942,000 | 51,826,000 |
| Allowance for loan losses | 829,000 | 671,000 | 624,000 | 606,000 |
| Securities available for sale | 501,000 | 500,000 | 0 | 0 |
| Securities held to maturity | 15,471,000 | 15,693,000 | 15,692,000 | 15,630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,241,000 | 70,692,000 | 68,647,000 | 69,587,000 |
| Interest-bearing deposits | 61,311,000 | 59,139,000 | 57,036,000 | 57,750,000 |
| Noninterest-bearing deposits | 10,930,000 | 11,553,000 | 11,611,000 | 11,837,000 |
| Equity capital | 8,706,000 | 8,762,000 | 8,866,000 | 8,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,000,000 | 2,031,000 | 3,040,000 | 4,034,000 |
| Interest expense | 110,000 | 217,000 | 321,000 | 428,000 |
| Net interest income | 890,000 | 1,814,000 | 2,719,000 | 3,606,000 |
| Noninterest income | 76,000 | 153,000 | 152,000 | 133,000 |
| Noninterest expense | 796,000 | 1,596,000 | 2,387,000 | 3,155,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 177,000 | 378,000 | 491,000 | 599,000 |
| Income tax | 15,000 | 30,000 | 45,000 | 86,000 |
| Net income | 162,000 | 348,000 | 446,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,706,000 | 8,762,000 | 8,866,000 | 8,927,000 |
| Total capital | 9,371,000 | 9,433,000 | 9,490,000 | 9,533,000 |
| Risk-weighted assets | 52,881,000 | 55,544,000 | 51,082,000 | 51,472,000 |