Call reports 2012
SOUTHERN BANK AND TRUST COMPANY — 2012
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 2,007,714,000 | 1,994,727,000 | 2,042,191,000 | 2,008,344,000 |
| Total loans | 1,175,687,000 | 1,192,607,000 | 1,181,586,000 | 1,156,786,000 |
| Allowance for loan losses | 16,478,000 | 25,289,000 | 25,087,000 | 22,126,000 |
| Securities available for sale | 347,100,000 | 302,771,000 | 277,304,000 | 274,229,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,690,353,000 | 1,679,863,000 | 1,720,256,000 | 1,708,221,000 |
| Interest-bearing deposits | 1,355,779,000 | 1,340,961,000 | 1,356,929,000 | 1,354,803,000 |
| Noninterest-bearing deposits | 334,574,000 | 338,903,000 | 363,327,000 | 353,418,000 |
| Equity capital | 191,132,000 | 192,908,000 | 190,453,000 | 171,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 21,974,000 | 44,293,000 | 66,878,000 | 88,841,000 |
| Interest expense | 3,709,000 | 6,762,000 | 8,013,000 | 10,272,000 |
| Net interest income | 18,265,000 | 37,531,000 | 58,865,000 | 78,569,000 |
| Noninterest income | 7,570,000 | 18,615,000 | 19,191,000 | 13,095,000 |
| Noninterest expense | 14,619,000 | 28,855,000 | 44,565,000 | 62,063,000 |
| Provision for loan losses | 1,375,000 | 11,884,000 | 11,902,000 | 9,279,000 |
| Pretax income | 9,849,000 | 16,756,000 | 22,982,000 | 21,738,000 |
| Income tax | 2,940,000 | 6,180,000 | 7,880,000 | 6,600,000 |
| Net income | 6,909,000 | 10,576,000 | 15,102,000 | 15,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 174,877,000 | 177,745,000 | 180,171,000 | 163,535,000 |
| Total capital | 194,163,000 | 196,368,000 | 195,438,000 | 178,774,000 |
| Risk-weighted assets | 955,342,000 | 950,060,000 | 986,025,000 | 985,719,000 |