Call reports 2017
SOUTHERN BANK AND TRUST COMPANY — 2017
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,483,623,000 | 2,486,614,000 | 2,544,145,000 | 2,580,152,000 |
| Total loans | 1,554,114,000 | 1,621,546,000 | 1,641,350,000 | 1,636,665,000 |
| Allowance for loan losses | 17,328,000 | 17,738,000 | 18,147,000 | 18,426,000 |
| Securities available for sale | 630,804,000 | 541,886,000 | 561,348,000 | 602,399,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,158,206,000 | 2,113,327,000 | 2,196,108,000 | 2,251,023,000 |
| Interest-bearing deposits | 1,502,861,000 | 1,453,550,000 | 1,510,675,000 | 1,550,199,000 |
| Noninterest-bearing deposits | 655,346,000 | 659,777,000 | 685,433,000 | 700,823,000 |
| Equity capital | 243,815,000 | 252,683,000 | 259,479,000 | 268,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 22,761,000 | 46,786,000 | 72,113,000 | 96,484,000 |
| Interest expense | 615,000 | 1,317,000 | 2,219,000 | 3,109,000 |
| Net interest income | 22,146,000 | 45,469,000 | 69,894,000 | 93,375,000 |
| Noninterest income | 494,000 | 5,933,000 | 11,628,000 | 17,114,000 |
| Noninterest expense | 18,245,000 | 36,246,000 | 53,882,000 | 73,500,000 |
| Provision for loan losses | 595,000 | 1,201,000 | 1,792,000 | 2,324,000 |
| Pretax income | 3,891,000 | 14,433,000 | 30,346,000 | 37,870,000 |
| Income tax | 1,328,000 | 4,979,000 | 10,526,000 | 10,143,000 |
| Net income | 2,563,000 | 9,454,000 | 19,820,000 | 27,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 217,951,000 | 223,763,000 | 233,031,000 | 237,903,000 |
| Total capital | 243,157,000 | 250,549,000 | 258,325,000 | 264,225,000 |
| Risk-weighted assets | 1,809,614,000 | 1,881,400,000 | 1,908,060,000 | 1,935,095,000 |