Call reports 2004
SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA — 2004
What SOUTHERN COMMUNITY BANK OF CENTRAL FLORIDA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Total assets | 687,579,000 | 663,574,000 |
| Total loans | 510,107,000 | 506,248,000 |
| Allowance for loan losses | 6,152,000 | 6,111,000 |
| Securities available for sale | 89,278,000 | 87,931,000 |
| Securities held to maturity | 2,957,000 | 2,881,000 |
| Trading assets | 0 | 0 |
| Total deposits | 596,207,000 | 575,371,000 |
| Interest-bearing deposits | 525,124,000 | 497,396,000 |
| Noninterest-bearing deposits | 71,083,000 | 77,975,000 |
| Equity capital | 44,433,000 | 43,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Interest income | 8,619,000 | 17,249,000 |
| Interest expense | 3,101,000 | 6,268,000 |
| Net interest income | 5,518,000 | 10,981,000 |
| Noninterest income | 371,000 | 753,000 |
| Noninterest expense | 2,903,000 | 5,644,000 |
| Provision for loan losses | 488,000 | 680,000 |
| Pretax income | 2,560,000 | 5,472,000 |
| Income tax | 905,000 | 1,904,000 |
| Net income | 1,655,000 | 3,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Tier 1 capital | 43,297,000 | 45,210,000 |
| Total capital | 62,449,000 | 64,321,000 |
| Risk-weighted assets | 616,499,000 | 597,008,000 |