Call reports 2003
SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA — 2003
What SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 358,828,000 | 412,854,000 | 588,726,000 | 604,949,000 |
| Total loans | 279,746,000 | 304,402,000 | 461,917,000 | 478,433,000 |
| Allowance for loan losses | 3,553,000 | 3,824,000 | 5,580,000 | 5,748,000 |
| Securities available for sale | 42,694,000 | 78,150,000 | 81,824,000 | 84,049,000 |
| Securities held to maturity | 3,439,000 | 3,427,000 | 3,415,000 | 3,272,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,439,000 | 323,273,000 | 497,442,000 | 511,312,000 |
| Interest-bearing deposits | 290,864,000 | 288,756,000 | 433,978,000 | 452,091,000 |
| Noninterest-bearing deposits | 41,575,000 | 34,517,000 | 63,464,000 | 59,221,000 |
| Equity capital | 24,789,000 | 25,698,000 | 38,881,000 | 40,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,211,000 | 11,063,000 | 22,545,000 | 30,839,000 |
| Interest expense | 2,020,000 | 4,224,000 | 8,293,000 | 11,382,000 |
| Net interest income | 3,191,000 | 6,839,000 | 14,252,000 | 19,457,000 |
| Noninterest income | 340,000 | 698,000 | 1,444,000 | 1,877,000 |
| Noninterest expense | 1,948,000 | 3,988,000 | 8,084,000 | 10,856,000 |
| Provision for loan losses | 235,000 | 785,000 | 1,778,000 | 1,991,000 |
| Pretax income | 1,348,000 | 2,927,000 | 6,068,000 | 8,770,000 |
| Income tax | 499,000 | 1,083,000 | 2,245,000 | 3,219,000 |
| Net income | 849,000 | 1,844,000 | 3,823,000 | 5,551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,210,000 | 25,205,000 | 38,717,000 | 40,446,000 |
| Total capital | 27,763,000 | 33,529,000 | 54,297,000 | 59,194,000 |
| Risk-weighted assets | 321,616,000 | 362,250,000 | 542,580,000 | 568,871,000 |