Call reports 2017
SOUTHERN BANK — 2017
What SOUTHERN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 82,471,000 | 80,876,000 | 80,256,000 | 80,872,000 |
| Total loans | 49,384,000 | 49,902,000 | 49,854,000 | 49,498,000 |
| Allowance for loan losses | 567,000 | 581,000 | 550,000 | 526,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,985,000 | 17,725,000 | 17,667,000 | 18,059,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,059,000 | 71,329,000 | 70,617,000 | 71,465,000 |
| Interest-bearing deposits | 58,311,000 | 57,266,000 | 55,918,000 | 56,210,000 |
| Noninterest-bearing deposits | 14,748,000 | 14,063,000 | 14,699,000 | 15,255,000 |
| Equity capital | 9,163,000 | 9,229,000 | 9,345,000 | 9,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 984,000 | 1,973,000 | 2,996,000 | 3,980,000 |
| Interest expense | 104,000 | 208,000 | 313,000 | 418,000 |
| Net interest income | 880,000 | 1,765,000 | 2,683,000 | 3,562,000 |
| Noninterest income | 32,000 | 63,000 | 98,000 | 141,000 |
| Noninterest expense | 779,000 | 1,568,000 | 2,369,000 | 3,462,000 |
| Provision for loan losses | 25,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 108,000 | 210,000 | 362,000 | 191,000 |
| Income tax | 30,000 | 66,000 | 102,000 | 13,000 |
| Net income | 78,000 | 144,000 | 260,000 | 178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,163,000 | 9,229,000 | 9,345,000 | 9,146,000 |
| Total capital | 9,730,000 | 9,810,000 | 9,895,000 | 9,672,000 |
| Risk-weighted assets | 49,738,000 | 48,961,000 | 50,856,000 | 51,340,000 |