Call reports 2003
SOUTHERN BANK AND TRUST COMPANY — 2003
What SOUTHERN BANK AND TRUST COMPANY 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 | 920,577,000 | 925,760,000 | 946,482,000 | 988,901,000 |
| Total loans | 625,374,000 | 647,095,000 | 642,586,000 | 631,171,000 |
| Allowance for loan losses | 9,411,000 | 9,577,000 | 9,917,000 | 10,095,000 |
| Securities available for sale | 138,637,000 | 119,595,000 | 106,790,000 | 118,095,000 |
| Securities held to maturity | 23,682,000 | 44,934,000 | 59,570,000 | 109,356,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 820,595,000 | 817,071,000 | 835,960,000 | 876,965,000 |
| Interest-bearing deposits | 671,433,000 | 661,148,000 | 676,185,000 | 702,355,000 |
| Noninterest-bearing deposits | 149,162,000 | 155,923,000 | 159,775,000 | 174,610,000 |
| Equity capital | 84,221,000 | 86,832,000 | 88,457,000 | 90,331,000 |
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 | 12,051,000 | 24,134,000 | 35,925,000 | 47,197,000 |
| Interest expense | 2,962,000 | 5,730,000 | 8,370,000 | 10,905,000 |
| Net interest income | 9,089,000 | 18,404,000 | 27,555,000 | 36,292,000 |
| Noninterest income | 2,785,000 | 5,854,000 | 8,231,000 | 10,587,000 |
| Noninterest expense | 7,958,000 | 15,491,000 | 23,185,000 | 31,744,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,800,000 |
| Pretax income | 3,466,000 | 7,867,000 | 11,311,000 | 13,395,000 |
| Income tax | 1,090,000 | 2,590,000 | 3,730,000 | 4,015,000 |
| Net income | 2,376,000 | 5,277,000 | 7,581,000 | 9,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,753,000 | 71,456,000 | 73,527,000 | 73,374,000 |
| Total capital | 80,111,000 | 83,390,000 | 85,743,000 | 86,154,000 |
| Risk-weighted assets | 641,951,000 | 663,854,000 | 668,159,000 | 660,162,000 |