Call reports 2018
SOUTHERN BANK — 2018
What SOUTHERN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 81,270,000 | 80,341,000 | 78,953,000 | 76,932,000 |
| Total loans | 48,605,000 | 47,205,000 | 47,487,000 | 46,590,000 |
| Allowance for loan losses | 499,000 | 496,000 | 500,000 | 506,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,401,000 | 18,592,000 | 18,555,000 | 18,546,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,706,000 | 70,796,000 | 69,303,000 | 67,006,000 |
| Interest-bearing deposits | 55,309,000 | 54,060,000 | 52,081,000 | 49,481,000 |
| Noninterest-bearing deposits | 16,397,000 | 16,736,000 | 17,222,000 | 17,525,000 |
| Equity capital | 9,292,000 | 9,270,000 | 9,342,000 | 9,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,007,000 | 1,976,000 | 2,947,000 | 3,997,000 |
| Interest expense | 96,000 | 191,000 | 289,000 | 384,000 |
| Net interest income | 911,000 | 1,785,000 | 2,658,000 | 3,613,000 |
| Noninterest income | 88,000 | 173,000 | 239,000 | 253,000 |
| Noninterest expense | 848,000 | 1,695,000 | 2,476,000 | 3,169,000 |
| Provision for loan losses | 0 | 30,000 | 90,000 | 135,000 |
| Pretax income | 151,000 | 233,000 | 331,000 | 562,000 |
| Income tax | 5,000 | 19,000 | 45,000 | 110,000 |
| Net income | 146,000 | 214,000 | 286,000 | 452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,292,000 | 9,270,000 | 9,342,000 | 9,508,000 |
| Total capital | 9,791,000 | 9,766,000 | 9,842,000 | 10,014,000 |
| Risk-weighted assets | 48,585,000 | 46,634,000 | 46,992,000 | 45,792,000 |