Call reports 2002
SOUTHERN BANK AND TRUST COMPANY — 2002
What SOUTHERN BANK AND TRUST COMPANY 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 | 839,483,000 | 837,515,000 | 861,042,000 | 902,407,000 |
| Total loans | 540,407,000 | 560,947,000 | 595,248,000 | 617,150,000 |
| Allowance for loan losses | 7,966,000 | 8,219,000 | 8,646,000 | 9,098,000 |
| Securities available for sale | 149,129,000 | 140,412,000 | 148,547,000 | 146,632,000 |
| Securities held to maturity | 34,568,000 | 38,149,000 | 28,422,000 | 26,181,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 740,868,000 | 734,594,000 | 757,788,000 | 799,778,000 |
| Interest-bearing deposits | 614,714,000 | 605,121,000 | 617,523,000 | 649,665,000 |
| Noninterest-bearing deposits | 126,154,000 | 129,473,000 | 140,265,000 | 150,114,000 |
| Equity capital | 76,613,000 | 79,324,000 | 81,012,000 | 82,935,000 |
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 | 12,453,000 | 24,793,000 | 37,216,000 | 49,596,000 |
| Interest expense | 3,723,000 | 7,041,000 | 10,327,000 | 13,521,000 |
| Net interest income | 8,730,000 | 17,752,000 | 26,889,000 | 36,075,000 |
| Noninterest income | 1,676,000 | 3,447,000 | 5,552,000 | 8,050,000 |
| Noninterest expense | 7,474,000 | 14,952,000 | 22,361,000 | 28,871,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,950,000 |
| Pretax income | 2,697,000 | 5,562,000 | 8,952,000 | 13,526,000 |
| Income tax | 790,000 | 1,570,000 | 2,536,000 | 4,085,000 |
| Net income | 1,907,000 | 3,992,000 | 6,416,000 | 9,441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,557,000 | 64,791,000 | 67,329,000 | 66,546,000 |
| Total capital | 73,166,000 | 75,980,000 | 78,542,000 | 77,814,000 |
| Risk-weighted assets | 550,339,000 | 567,644,000 | 598,502,000 | 625,745,000 |