Call reports 2010
SOUTHERN BANK AND TRUST COMPANY — 2010
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,280,206,000 | 1,278,556,000 | 1,304,907,000 | 1,338,497,000 |
| Total loans | 736,078,000 | 765,472,000 | 774,583,000 | 725,463,000 |
| Allowance for loan losses | 11,427,000 | 11,506,000 | 11,714,000 | 11,228,000 |
| Securities available for sale | 314,293,000 | 318,757,000 | 329,179,000 | 336,425,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,071,243,000 | 1,069,445,000 | 1,085,890,000 | 1,121,096,000 |
| Interest-bearing deposits | 848,151,000 | 852,258,000 | 854,578,000 | 869,317,000 |
| Noninterest-bearing deposits | 223,092,000 | 217,187,000 | 231,312,000 | 251,779,000 |
| Equity capital | 119,013,000 | 120,444,000 | 122,547,000 | 123,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 12,472,000 | 25,090,000 | 37,946,000 | 50,576,000 |
| Interest expense | 2,529,000 | 5,016,000 | 7,522,000 | 9,890,000 |
| Net interest income | 9,943,000 | 20,074,000 | 30,424,000 | 40,686,000 |
| Noninterest income | 3,053,000 | 6,483,000 | 10,398,000 | 14,361,000 |
| Noninterest expense | 10,203,000 | 20,271,000 | 30,780,000 | 41,012,000 |
| Provision for loan losses | 600,000 | 1,300,000 | 2,050,000 | 3,050,000 |
| Pretax income | 2,186,000 | 4,979,000 | 7,985,000 | 10,978,000 |
| Income tax | 620,000 | 1,490,000 | 2,480,000 | 3,525,000 |
| Net income | 1,566,000 | 3,489,000 | 5,505,000 | 7,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,123,000 | 103,535,000 | 104,980,000 | 106,403,000 |
| Total capital | 119,960,000 | 121,487,000 | 122,639,000 | 124,123,000 |
| Risk-weighted assets | 783,176,000 | 815,273,000 | 817,683,000 | 809,327,000 |