Call reports 2016
SOUTHERN BANK AND TRUST COMPANY — 2016
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 2,414,243,000 | 2,403,862,000 | 2,440,526,000 | 2,458,241,000 |
| Total loans | 1,383,561,000 | 1,453,277,000 | 1,494,289,000 | 1,512,778,000 |
| Allowance for loan losses | 14,667,000 | 14,942,000 | 13,468,000 | 16,791,000 |
| Securities available for sale | 618,393,000 | 610,713,000 | 647,296,000 | 716,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,073,950,000 | 2,061,972,000 | 2,093,201,000 | 2,124,993,000 |
| Interest-bearing deposits | 1,468,747,000 | 1,447,610,000 | 1,448,516,000 | 1,492,396,000 |
| Noninterest-bearing deposits | 605,203,000 | 614,362,000 | 644,685,000 | 632,596,000 |
| Equity capital | 239,674,000 | 244,173,000 | 247,834,000 | 242,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 21,509,000 | 44,016,000 | 66,890,000 | 89,747,000 |
| Interest expense | 640,000 | 1,307,000 | 1,956,000 | 2,597,000 |
| Net interest income | 20,869,000 | 42,709,000 | 64,934,000 | 87,150,000 |
| Noninterest income | 3,341,000 | 6,594,000 | 8,908,000 | 12,847,000 |
| Noninterest expense | 20,521,000 | 39,767,000 | 57,958,000 | 74,439,000 |
| Provision for loan losses | -44,000 | 565,000 | 301,000 | 3,770,000 |
| Pretax income | 3,910,000 | 9,690,000 | 16,303,000 | 20,957,000 |
| Income tax | 1,348,000 | 3,415,000 | 5,743,000 | 7,431,000 |
| Net income | 2,562,000 | 6,275,000 | 10,560,000 | 13,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 208,351,000 | 211,676,000 | 214,976,000 | 216,765,000 |
| Total capital | 228,255,000 | 232,101,000 | 235,023,000 | 242,050,000 |
| Risk-weighted assets | 1,473,377,000 | 1,624,720,000 | 1,697,690,000 | 1,769,861,000 |