Call reports 2021
SOUTHERN BANK AND TRUST COMPANY — 2021
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,924,092,000 | 4,139,586,000 | 4,243,173,000 | 4,415,924,000 |
| Total loans | 2,301,268,000 | 2,362,027,000 | 2,392,215,000 | 2,442,349,000 |
| Allowance for loan losses | 29,688,000 | 28,425,000 | 28,923,000 | 29,309,000 |
| Securities available for sale | 1,221,071,000 | 1,347,167,000 | 1,401,465,000 | 1,619,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,536,376,000 | 3,685,512,000 | 3,794,096,000 | 3,942,603,000 |
| Interest-bearing deposits | 2,262,497,000 | 2,309,959,000 | 2,397,163,000 | 2,528,059,000 |
| Noninterest-bearing deposits | 1,273,879,000 | 1,375,553,000 | 1,396,933,000 | 1,414,544,000 |
| Equity capital | 322,227,000 | 369,002,000 | 372,340,000 | 387,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 29,548,000 | 58,104,000 | 89,553,000 | 121,078,000 |
| Interest expense | 706,000 | 1,328,000 | 1,866,000 | 2,322,000 |
| Net interest income | 28,842,000 | 56,776,000 | 87,687,000 | 118,756,000 |
| Noninterest income | 7,367,000 | 15,533,000 | 23,312,000 | 30,386,000 |
| Noninterest expense | 21,173,000 | 42,958,000 | 65,364,000 | 88,034,000 |
| Provision for loan losses | -541,000 | -1,818,000 | -1,497,000 | -815,000 |
| Pretax income | 24,337,000 | 39,842,000 | 56,636,000 | 70,981,000 |
| Income tax | 5,175,000 | 8,332,000 | 11,715,000 | 12,913,000 |
| Net income | 19,162,000 | 31,510,000 | 44,921,000 | 58,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 305,042,000 | 342,117,000 | 355,559,000 | 365,101,000 |
| Total capital | 334,730,000 | 370,542,000 | 384,482,000 | 394,410,000 |
| Risk-weighted assets | 2,615,269,000 | 2,739,331,000 | 2,831,163,000 | 2,976,546,000 |