Call reports 2005

SOUTHERN STATE BANK — 2005

Name: SOUTHERN STATE BANK — FFIEC call report 2005
Creator: SOUTHERN STATE BANK

What SOUTHERN STATE BANK reported to the FFIEC in 2005, quarter by quarter.

PERIOD: 2005SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/cbfd414c-39f3-4ff3-9de4-f42b564be7a5/2005

Balance sheet

What the bank holds and owes at quarter end

Measure	2005Q1	2005Q2	2005Q3	2005Q4
Total assets	73,096,000	76,597,000	80,944,000	78,757,000
Total loans	45,941,000	48,340,000	49,641,000	47,856,000
Allowance for loan losses	739,000	786,000	816,000	843,000
Securities available for sale	18,259,000	19,129,000	21,913,000	21,357,000
Securities held to maturity	2,755,000	2,703,000	2,933,000	2,782,000
Trading assets	0	0	0	0
Total deposits	59,780,000	61,550,000	61,744,000	60,821,000
Interest-bearing deposits	55,498,000	57,752,000	56,656,000	55,114,000
Noninterest-bearing deposits	4,282,000	3,798,000	5,088,000	5,707,000
Equity capital	5,961,000	6,134,000	6,230,000	6,253,000

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

Measure	2005Q1	2005Q2	2005Q3	2005Q4
Interest income	990,000	2,062,000	3,182,000	4,365,000
Interest expense	354,000	761,000	1,219,000	1,754,000
Net interest income	636,000	1,301,000	1,963,000	2,611,000
Noninterest income	84,000	180,000	285,000	410,000
Noninterest expense	495,000	1,003,000	1,517,000	2,052,000
Provision for loan losses	43,000	88,000	118,000	148,000
Pretax income	182,000	390,000	613,000	821,000
Income tax	54,000	112,000	177,000	235,000
Net income	128,000	278,000	436,000	586,000

Basel measures — not reported for every quarter

Measure	2005Q1	2005Q2	2005Q3	2005Q4
Tier 1 capital	6,096,000	6,203,000	6,319,000	6,426,000
Total capital	6,739,000	6,874,000	7,014,000	7,101,000
Risk-weighted assets	51,350,000	53,528,000	55,752,000	53,797,000