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Call report 2024Q1

SOUTHERN BANK — 2024Q1

The 22 measures SOUTHERN BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b7f133a8-3f0d-484e-995e-4f9e2fc3a14b/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets305,605,000USDevidence →
Total loans182,767,000USDevidence →
Allowance for loan losses2,200,000USDevidence →
Securities available for sale86,520,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits271,728,000USDevidence →
Interest-bearing deposits240,422,000USDevidence →
Noninterest-bearing deposits31,306,000USDevidence →
Equity capital22,333,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income4,249,000USDevidence →
Interest expense2,288,000USDevidence →
Net interest income1,961,000USDevidence →
Noninterest income172,000USDevidence →
Noninterest expense2,069,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income59,000USDevidence →
Income tax-23,000USDevidence →
Net income82,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital25,931,000USDevidence →