Call reports 2009
SOUTHERN BANK AND TRUST COMPANY — 2009
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 1,228,104,000 | 1,223,473,000 | 1,235,937,000 | 1,276,754,000 |
| Total loans | 727,860,000 | 751,707,000 | 761,347,000 | 740,146,000 |
| Allowance for loan losses | 11,304,000 | 11,231,000 | 11,603,000 | 11,267,000 |
| Securities available for sale | 106,111,000 | 344,039,000 | 333,778,000 | 309,304,000 |
| Securities held to maturity | 252,228,000 | 9,464,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,066,101,000 | 1,060,833,000 | 1,065,616,000 | 1,065,129,000 |
| Interest-bearing deposits | 861,085,000 | 857,798,000 | 849,121,000 | 839,705,000 |
| Noninterest-bearing deposits | 205,016,000 | 203,035,000 | 216,495,000 | 225,424,000 |
| Equity capital | 106,247,000 | 107,428,000 | 112,101,000 | 114,488,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 14,019,000 | 28,099,000 | 41,861,000 | 55,265,000 |
| Interest expense | 4,427,000 | 8,491,000 | 12,190,000 | 15,176,000 |
| Net interest income | 9,592,000 | 19,608,000 | 29,671,000 | 40,089,000 |
| Noninterest income | 3,428,000 | 7,259,000 | 10,890,000 | 14,151,000 |
| Noninterest expense | 10,471,000 | 21,199,000 | 31,875,000 | 41,159,000 |
| Provision for loan losses | 550,000 | 1,700,000 | 2,700,000 | 5,350,000 |
| Pretax income | 2,003,000 | 3,972,000 | 6,194,000 | 7,939,000 |
| Income tax | 620,000 | 610,000 | 1,390,000 | 1,287,000 |
| Net income | 1,383,000 | 3,362,000 | 4,804,000 | 6,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,307,000 | 98,790,000 | 99,729,000 | 101,067,000 |
| Total capital | 112,405,000 | 114,217,000 | 116,309,000 | 117,523,000 |
| Risk-weighted assets | 805,647,000 | 825,022,000 | 825,853,000 | 798,204,000 |