Call reports 2002
SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA — 2002
What SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 333,172,000 | 365,505,000 | 336,510,000 | 352,921,000 |
| Total loans | 263,700,000 | 273,202,000 | 254,316,000 | 270,985,000 |
| Allowance for loan losses | 3,362,000 | 3,570,000 | 3,682,000 | 3,439,000 |
| Securities available for sale | 30,322,000 | 41,141,000 | 46,372,000 | 44,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 3,452,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,823,000 | 341,846,000 | 311,856,000 | 327,453,000 |
| Interest-bearing deposits | 278,728,000 | 306,768,000 | 274,771,000 | 288,133,000 |
| Noninterest-bearing deposits | 32,095,000 | 35,078,000 | 37,085,000 | 39,320,000 |
| Equity capital | 21,110,000 | 22,218,000 | 23,164,000 | 24,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 5,087,000 | 10,640,000 | 16,299,000 | 21,466,000 |
| Interest expense | 2,425,000 | 4,967,000 | 7,422,000 | 9,686,000 |
| Net interest income | 2,662,000 | 5,673,000 | 8,877,000 | 11,780,000 |
| Noninterest income | 230,000 | 623,000 | 885,000 | 1,175,000 |
| Noninterest expense | 2,094,000 | 4,256,000 | 6,301,000 | 8,314,000 |
| Provision for loan losses | 320,000 | 619,000 | 932,000 | 932,000 |
| Pretax income | 492,000 | 1,487,000 | 2,595,000 | 3,769,000 |
| Income tax | 177,000 | 535,000 | 934,000 | 1,357,000 |
| Net income | 315,000 | 952,000 | 1,661,000 | 2,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,264,000 | 21,900,000 | 22,610,000 | 23,361,000 |
| Total capital | 24,626,000 | 25,470,000 | 26,292,000 | 26,800,000 |
| Risk-weighted assets | 296,856,000 | 308,536,000 | 294,642,000 | 311,709,000 |