Call reports 2004
SOUTHERN BANK AND TRUST COMPANY — 2004
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 993,684,000 | 995,884,000 | 1,021,016,000 | 1,025,245,000 |
| Total loans | 618,696,000 | 633,140,000 | 647,545,000 | 644,190,000 |
| Allowance for loan losses | 10,311,000 | 10,292,000 | 10,426,000 | 10,259,000 |
| Securities available for sale | 76,160,000 | 62,840,000 | 52,414,000 | 43,931,000 |
| Securities held to maturity | 162,553,000 | 183,733,000 | 201,660,000 | 236,608,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 883,804,000 | 882,784,000 | 907,820,000 | 910,777,000 |
| Interest-bearing deposits | 716,550,000 | 709,521,000 | 729,111,000 | 726,760,000 |
| Noninterest-bearing deposits | 167,254,000 | 173,263,000 | 178,709,000 | 184,017,000 |
| Equity capital | 89,520,000 | 89,510,000 | 90,338,000 | 93,381,000 |
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 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 10,942,000 | 21,612,000 | 32,674,000 | 44,517,000 |
| Interest expense | 2,490,000 | 4,984,000 | 7,582,000 | 10,363,000 |
| Net interest income | 8,452,000 | 16,628,000 | 25,092,000 | 34,154,000 |
| Noninterest income | 2,523,000 | 5,165,000 | 7,776,000 | 10,243,000 |
| Noninterest expense | 8,396,000 | 17,030,000 | 25,531,000 | 34,268,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,200,000 |
| Pretax income | 2,277,000 | 4,166,000 | 6,440,000 | 8,934,000 |
| Income tax | 533,000 | 1,110,000 | 1,715,000 | 2,195,000 |
| Net income | 1,744,000 | 3,056,000 | 4,725,000 | 6,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,891,000 | 73,702,000 | 72,993,000 | 74,612,000 |
| Total capital | 85,682,000 | 86,555,000 | 85,769,000 | 88,624,000 |
| Risk-weighted assets | 651,768,000 | 660,374,000 | 668,214,000 | 658,637,000 |