Call reports 2013
SOUTHERN BANK AND TRUST COMPANY — 2013
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 2,050,639,000 | 2,024,428,000 | 2,266,641,000 | 2,223,447,000 |
| Total loans | 1,126,434,000 | 1,124,824,000 | 1,231,101,000 | 1,196,311,000 |
| Allowance for loan losses | 20,138,000 | 17,743,000 | 17,911,000 | 15,763,000 |
| Securities available for sale | 273,761,000 | 268,654,000 | 387,570,000 | 415,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,745,339,000 | 1,732,033,000 | 1,928,159,000 | 1,900,171,000 |
| Interest-bearing deposits | 1,378,846,000 | 1,365,160,000 | 1,469,343,000 | 1,463,824,000 |
| Noninterest-bearing deposits | 366,492,000 | 366,873,000 | 458,816,000 | 436,347,000 |
| Equity capital | 173,982,000 | 171,966,000 | 200,742,000 | 206,553,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 22,156,000 | 42,356,000 | 69,223,000 | 94,088,000 |
| Interest expense | 2,184,000 | 4,194,000 | 5,935,000 | 7,264,000 |
| Net interest income | 19,972,000 | 38,162,000 | 63,288,000 | 86,824,000 |
| Noninterest income | -467,000 | 1,165,000 | 544,000 | -6,510,000 |
| Noninterest expense | 15,902,000 | 32,642,000 | 53,539,000 | 73,980,000 |
| Provision for loan losses | -260,000 | -290,000 | 290,000 | -2,105,000 |
| Pretax income | 3,871,000 | 6,983,000 | 12,296,000 | 10,732,000 |
| Income tax | 980,000 | 1,820,000 | 4,501,000 | 3,780,000 |
| Net income | 2,891,000 | 5,163,000 | 7,795,000 | 6,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,667,000 | 165,770,000 | 192,305,000 | 190,733,000 |
| Total capital | 181,506,000 | 181,908,000 | 208,992,000 | 209,554,000 |
| Risk-weighted assets | 1,004,180,000 | 1,014,815,000 | 1,178,422,000 | 1,158,649,000 |