Call reports 2007
SOUTHERN BANK AND TRUST COMPANY — 2007
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,167,331,000 | 1,163,562,000 | 1,194,525,000 | 1,197,187,000 |
| Total loans | 704,267,000 | 713,650,000 | 718,574,000 | 705,912,000 |
| Allowance for loan losses | 11,661,000 | 11,923,000 | 12,119,000 | 11,894,000 |
| Securities available for sale | 169,390,000 | 205,191,000 | 203,336,000 | 216,704,000 |
| Securities held to maturity | 105,627,000 | 83,899,000 | 112,667,000 | 123,760,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,021,419,000 | 1,014,947,000 | 1,039,185,000 | 1,038,993,000 |
| Interest-bearing deposits | 822,342,000 | 823,289,000 | 839,855,000 | 846,088,000 |
| Noninterest-bearing deposits | 199,078,000 | 191,658,000 | 199,330,000 | 192,905,000 |
| Equity capital | 110,699,000 | 110,259,000 | 111,819,000 | 110,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 17,747,000 | 35,938,000 | 54,391,000 | 72,620,000 |
| Interest expense | 6,911,000 | 14,281,000 | 21,957,000 | 29,637,000 |
| Net interest income | 10,836,000 | 21,657,000 | 32,434,000 | 42,983,000 |
| Noninterest income | 2,588,000 | 5,246,000 | 8,040,000 | 10,743,000 |
| Noninterest expense | 9,423,000 | 18,951,000 | 28,144,000 | 37,180,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,800,000 |
| Pretax income | 3,550,000 | 7,051,000 | 10,979,000 | 14,745,000 |
| Income tax | 1,070,000 | 2,190,000 | 3,400,000 | 4,467,000 |
| Net income | 2,480,000 | 4,861,000 | 7,579,000 | 10,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,086,000 | 91,560,000 | 93,386,000 | 94,676,000 |
| Total capital | 108,469,000 | 108,642,000 | 109,487,000 | 109,470,000 |
| Risk-weighted assets | 737,977,000 | 737,405,000 | 739,472,000 | 729,061,000 |