Call reports 2011
SOUTHERN BANK AND TRUST COMPANY — 2011
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,345,336,000 | 1,337,305,000 | 2,043,827,000 | 2,035,984,000 |
| Total loans | 710,104,000 | 743,872,000 | 1,271,934,000 | 1,215,084,000 |
| Allowance for loan losses | 11,224,000 | 11,710,000 | 13,577,000 | 14,612,000 |
| Securities available for sale | 352,809,000 | 354,786,000 | 351,927,000 | 344,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,129,716,000 | 1,122,013,000 | 1,665,480,000 | 1,658,344,000 |
| Interest-bearing deposits | 883,059,000 | 872,279,000 | 1,355,837,000 | 1,341,168,000 |
| Noninterest-bearing deposits | 246,657,000 | 249,734,000 | 309,643,000 | 317,176,000 |
| Equity capital | 124,178,000 | 124,668,000 | 189,627,000 | 183,552,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 11,809,000 | 23,723,000 | 36,914,000 | 57,667,000 |
| Interest expense | 2,188,000 | 4,216,000 | 6,294,000 | 10,007,000 |
| Net interest income | 9,621,000 | 19,507,000 | 30,620,000 | 47,660,000 |
| Noninterest income | 3,605,000 | 6,950,000 | 65,776,000 | 63,969,000 |
| Noninterest expense | 10,680,000 | 21,377,000 | 32,808,000 | 49,872,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 3,550,000 | 7,480,000 |
| Pretax income | 1,789,000 | 3,664,000 | 60,106,000 | 53,948,000 |
| Income tax | 580,000 | 1,030,000 | 23,230,000 | 21,714,000 |
| Net income | 1,209,000 | 2,634,000 | 36,878,000 | 32,234,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,594,000 | 107,500,000 | 173,876,000 | 168,677,000 |
| Total capital | 124,770,000 | 125,227,000 | 179,418,000 | 187,705,000 |
| Risk-weighted assets | 804,270,000 | 816,011,000 | 1,448,682,000 | 962,360,000 |