Call reports 2019
SOUTHERN BANK — 2019
What SOUTHERN BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 80,927,000 | 80,214,000 | 78,869,000 | 79,137,000 |
| Total loans | 45,729,000 | 44,957,000 | 43,864,000 | 44,555,000 |
| Allowance for loan losses | 546,000 | 522,000 | 547,000 | 502,000 |
| Securities available for sale | 184,000 | 442,000 | 250,000 | 645,000 |
| Securities held to maturity | 18,815,000 | 18,807,000 | 18,641,000 | 17,075,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,262,000 | 70,152,000 | 68,696,000 | 69,070,000 |
| Interest-bearing deposits | 53,308,000 | 52,544,000 | 50,295,000 | 50,314,000 |
| Noninterest-bearing deposits | 17,954,000 | 17,608,000 | 18,401,000 | 18,756,000 |
| Equity capital | 9,480,000 | 9,584,000 | 9,695,000 | 9,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 952,000 | 1,905,000 | 2,854,000 | 3,810,000 |
| Interest expense | 142,000 | 292,000 | 443,000 | 593,000 |
| Net interest income | 810,000 | 1,613,000 | 2,411,000 | 3,217,000 |
| Noninterest income | 88,000 | 156,000 | 192,000 | 229,000 |
| Noninterest expense | 721,000 | 1,450,000 | 2,149,000 | 3,007,000 |
| Provision for loan losses | 75,000 | 100,000 | 125,000 | 150,000 |
| Pretax income | 102,000 | 219,000 | 348,000 | 321,000 |
| Income tax | 0 | 18,000 | 31,000 | 29,000 |
| Net income | 102,000 | 201,000 | 317,000 | 292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,480,000 | 9,584,000 | 9,695,000 | 9,666,000 |
| Total capital | 10,026,000 | 10,106,000 | 10,242,000 | 10,168,000 |
| Risk-weighted assets | 46,078,000 | 45,070,000 | 43,812,000 | 43,304,000 |