Call reports 2022
SOUTHERN BANK AND TRUST COMPANY — 2022
What SOUTHERN BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 4,513,141,000 | 4,582,398,000 | 4,486,428,000 | 4,592,140,000 |
| Total loans | 2,440,121,000 | 2,608,566,000 | 2,752,372,000 | 2,853,344,000 |
| Allowance for loan losses | 29,876,000 | 32,846,000 | 34,252,000 | 35,834,000 |
| Securities available for sale | 1,680,556,000 | 1,571,573,000 | 1,375,025,000 | 1,372,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,146,611,000 | 4,164,490,000 | 4,135,976,000 | 4,146,041,000 |
| Interest-bearing deposits | 2,663,418,000 | 2,667,206,000 | 2,601,316,000 | 2,680,787,000 |
| Noninterest-bearing deposits | 1,483,193,000 | 1,497,284,000 | 1,534,661,000 | 1,465,254,000 |
| Equity capital | 301,645,000 | 253,283,000 | 196,478,000 | 221,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 31,975,000 | 65,409,000 | 101,255,000 | 139,420,000 |
| Interest expense | 448,000 | 1,100,000 | 2,877,000 | 8,298,000 |
| Net interest income | 31,527,000 | 64,309,000 | 98,378,000 | 131,122,000 |
| Noninterest income | 6,927,000 | 14,148,000 | 20,607,000 | 26,007,000 |
| Noninterest expense | 23,311,000 | 46,563,000 | 70,180,000 | 93,230,000 |
| Provision for loan losses | 494,000 | 3,434,000 | 4,918,000 | 6,279,000 |
| Pretax income | 9,151,000 | 22,935,000 | 42,679,000 | 55,825,000 |
| Income tax | 1,316,000 | 3,724,000 | 7,445,000 | 13,095,000 |
| Net income | 7,835,000 | 19,211,000 | 35,234,000 | 42,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 372,942,000 | 384,442,000 | 397,815,000 | 402,336,000 |
| Total capital | 402,818,000 | 417,288,000 | 432,067,000 | 438,170,000 |
| Risk-weighted assets | 3,025,186,000 | 3,224,622,000 | 3,373,819,000 | 3,452,501,000 |