Call reports 2019
SOUTHERN BANK AND TRUST COMPANY — 2019
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,692,782,000 | 2,752,937,000 | 2,854,279,000 | 2,925,504,000 |
| Total loans | 1,685,576,000 | 1,751,740,000 | 1,787,701,000 | 1,843,052,000 |
| Allowance for loan losses | 19,727,000 | 19,773,000 | 20,537,000 | 21,425,000 |
| Securities available for sale | 617,718,000 | 666,775,000 | 734,625,000 | 799,488,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,359,088,000 | 2,410,276,000 | 2,451,166,000 | 2,506,996,000 |
| Interest-bearing deposits | 1,598,500,000 | 1,632,162,000 | 1,654,186,000 | 1,702,313,000 |
| Noninterest-bearing deposits | 760,588,000 | 778,113,000 | 796,980,000 | 804,683,000 |
| Equity capital | 276,891,000 | 283,601,000 | 291,755,000 | 300,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 25,956,000 | 52,617,000 | 80,453,000 | 108,350,000 |
| Interest expense | 1,960,000 | 4,237,000 | 6,801,000 | 9,496,000 |
| Net interest income | 23,996,000 | 48,380,000 | 73,652,000 | 98,854,000 |
| Noninterest income | 5,471,000 | 10,797,000 | 16,484,000 | 22,518,000 |
| Noninterest expense | 19,845,000 | 39,030,000 | 58,560,000 | 78,651,000 |
| Provision for loan losses | -472,000 | -541,000 | 232,000 | 1,486,000 |
| Pretax income | 11,815,000 | 24,534,000 | 36,124,000 | 47,998,000 |
| Income tax | 2,489,000 | 6,328,000 | 8,694,000 | 10,004,000 |
| Net income | 9,326,000 | 18,206,000 | 27,430,000 | 37,994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 260,225,000 | 261,133,000 | 266,232,000 | 276,988,000 |
| Total capital | 279,952,000 | 280,906,000 | 286,769,000 | 298,413,000 |
| Risk-weighted assets | 2,070,551,000 | 2,093,606,000 | 2,147,802,000 | 2,223,600,000 |