Call reports 2014
SOUTHERN BANK AND TRUST COMPANY — 2014
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 2,203,905,000 | 2,135,003,000 | 2,156,536,000 | 2,181,013,000 |
| Total loans | 1,164,734,000 | 1,181,581,000 | 1,158,447,000 | 1,127,473,000 |
| Allowance for loan losses | 15,221,000 | 15,446,000 | 17,044,000 | 17,088,000 |
| Securities available for sale | 439,586,000 | 457,521,000 | 471,152,000 | 491,820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,906,339,000 | 1,835,368,000 | 1,847,129,000 | 1,878,607,000 |
| Interest-bearing deposits | 1,459,344,000 | 1,398,425,000 | 1,393,068,000 | 1,416,117,000 |
| Noninterest-bearing deposits | 446,995,000 | 436,943,000 | 454,061,000 | 462,490,000 |
| Equity capital | 209,011,000 | 211,339,000 | 210,124,000 | 206,439,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 23,871,000 | 46,577,000 | 69,307,000 | 88,274,000 |
| Interest expense | 1,146,000 | 2,160,000 | 3,101,000 | 4,014,000 |
| Net interest income | 22,725,000 | 44,417,000 | 66,206,000 | 84,260,000 |
| Noninterest income | -1,026,000 | -1,298,000 | 3,620,000 | 1,225,000 |
| Noninterest expense | 18,689,000 | 37,326,000 | 57,840,000 | 71,320,000 |
| Provision for loan losses | 661,000 | 1,036,000 | 4,093,000 | 5,162,000 |
| Pretax income | 2,349,000 | 4,757,000 | 7,893,000 | 10,373,000 |
| Income tax | 820,000 | 1,606,000 | 2,668,000 | 3,540,000 |
| Net income | 1,529,000 | 3,151,000 | 5,225,000 | 6,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,580,000 | 192,516,000 | 193,863,000 | 194,739,000 |
| Total capital | 210,970,000 | 212,290,000 | 212,774,000 | 215,320,000 |
| Risk-weighted assets | 1,164,428,000 | 1,177,421,000 | 1,182,100,000 | 1,221,402,000 |