Call reports 2012
SOUTHERN FIRST BANK — 2012
What SOUTHERN FIRST BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 768,385,000 | 757,910,000 | 778,587,000 | 797,330,000 |
| Total loans | 607,925,000 | 618,874,000 | 637,659,000 | 645,949,000 |
| Allowance for loan losses | 9,196,000 | 9,131,000 | 9,254,000 | 9,091,000 |
| Securities available for sale | 70,691,000 | 66,407,000 | 64,097,000 | 78,222,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 568,025,000 | 556,148,000 | 575,672,000 | 579,875,000 |
| Interest-bearing deposits | 483,278,000 | 460,452,000 | 487,214,000 | 495,499,000 |
| Noninterest-bearing deposits | 84,747,000 | 95,696,000 | 88,458,000 | 84,375,000 |
| Equity capital | 74,606,000 | 75,625,000 | 76,189,000 | 76,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 8,583,000 | 17,133,000 | 25,947,000 | 34,801,000 |
| Interest expense | 2,332,000 | 4,394,000 | 6,369,000 | 8,297,000 |
| Net interest income | 6,251,000 | 12,739,000 | 19,578,000 | 26,504,000 |
| Noninterest income | 461,000 | 1,015,000 | 1,714,000 | 2,357,000 |
| Noninterest expense | 4,420,000 | 8,821,000 | 13,490,000 | 18,231,000 |
| Provision for loan losses | 1,200,000 | 2,475,000 | 3,600,000 | 4,550,000 |
| Pretax income | 1,164,000 | 2,526,000 | 4,565,000 | 6,443,000 |
| Income tax | 360,000 | 793,000 | 1,477,000 | 2,087,000 |
| Net income | 804,000 | 1,733,000 | 3,088,000 | 4,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,706,000 | 74,335,000 | 74,787,000 | 75,704,000 |
| Total capital | 81,467,000 | 82,085,000 | 82,724,000 | 83,763,000 |
| Risk-weighted assets | 619,436,000 | 618,627,000 | 633,632,000 | 643,721,000 |