Call reports 2018
SOUTHERN BANK AND TRUST COMPANY — 2018
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,548,259,000 | 2,557,302,000 | 2,594,248,000 | 2,624,103,000 |
| Total loans | 1,647,410,000 | 1,681,798,000 | 1,716,681,000 | 1,709,099,000 |
| Allowance for loan losses | 19,291,000 | 19,647,000 | 20,235,000 | 20,090,000 |
| Securities available for sale | 581,683,000 | 585,424,000 | 546,945,000 | 593,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,248,575,000 | 2,287,423,000 | 2,315,980,000 | 2,307,770,000 |
| Interest-bearing deposits | 1,559,084,000 | 1,582,953,000 | 1,580,230,000 | 1,567,291,000 |
| Noninterest-bearing deposits | 689,491,000 | 704,470,000 | 735,750,000 | 740,480,000 |
| Equity capital | 250,888,000 | 255,479,000 | 262,684,000 | 260,385,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 24,034,000 | 48,842,000 | 74,578,000 | 100,953,000 |
| Interest expense | 865,000 | 1,839,000 | 3,072,000 | 4,842,000 |
| Net interest income | 23,169,000 | 47,003,000 | 71,506,000 | 96,111,000 |
| Noninterest income | 5,272,000 | 11,181,000 | 16,978,000 | 22,362,000 |
| Noninterest expense | 17,979,000 | 36,295,000 | 54,513,000 | 73,777,000 |
| Provision for loan losses | 909,000 | 1,368,000 | 1,993,000 | 2,799,000 |
| Pretax income | 10,151,000 | 20,551,000 | 34,790,000 | 39,923,000 |
| Income tax | 2,282,000 | 4,511,000 | 7,814,000 | 8,045,000 |
| Net income | 7,869,000 | 16,040,000 | 26,976,000 | 31,878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 241,621,000 | 248,480,000 | 259,580,000 | 250,688,000 |
| Total capital | 260,912,000 | 268,127,000 | 279,815,000 | 270,778,000 |
| Risk-weighted assets | 1,993,517,000 | 2,009,535,000 | 2,049,887,000 | 2,041,743,000 |