Call reports 2006
SOUTHERN BANK AND TRUST COMPANY — 2006
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 1,088,080,000 | 1,068,663,000 | 1,091,264,000 | 1,121,356,000 |
| Total loans | 680,787,000 | 707,551,000 | 715,406,000 | 714,321,000 |
| Allowance for loan losses | 11,247,000 | 11,516,000 | 11,111,000 | 11,596,000 |
| Securities available for sale | 58,712,000 | 57,842,000 | 71,972,000 | 127,504,000 |
| Securities held to maturity | 219,909,000 | 210,000,000 | 185,251,000 | 143,345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 951,987,000 | 933,196,000 | 949,811,000 | 982,544,000 |
| Interest-bearing deposits | 751,884,000 | 741,625,000 | 747,682,000 | 777,348,000 |
| Noninterest-bearing deposits | 200,103,000 | 191,571,000 | 202,129,000 | 205,196,000 |
| Equity capital | 103,104,000 | 105,758,000 | 106,927,000 | 108,935,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 15,289,000 | 31,421,000 | 48,180,000 | 65,501,000 |
| Interest expense | 4,486,000 | 9,560,000 | 15,270,000 | 21,571,000 |
| Net interest income | 10,803,000 | 21,861,000 | 32,910,000 | 43,930,000 |
| Noninterest income | 2,611,000 | 5,158,000 | 7,910,000 | 10,524,000 |
| Noninterest expense | 8,884,000 | 17,914,000 | 26,768,000 | 35,994,000 |
| Provision for loan losses | 450,000 | 750,000 | 1,050,000 | 1,650,000 |
| Pretax income | 4,080,000 | 8,372,000 | 13,018,000 | 16,826,000 |
| Income tax | 1,350,000 | 2,770,000 | 4,310,000 | 5,530,000 |
| Net income | 2,730,000 | 5,602,000 | 8,708,000 | 11,296,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,409,000 | 85,960,000 | 87,718,000 | 89,238,000 |
| Total capital | 100,052,000 | 103,155,000 | 104,673,000 | 106,719,000 |
| Risk-weighted assets | 707,657,000 | 724,745,000 | 740,020,000 | 740,065,000 |