Call reports 2007
SOUTHERN BANCORP BANK, NATIONAL ASSOCIATION — 2007
What SOUTHERN BANCORP BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 196,317,000 | 204,463,000 | 198,168,000 | 180,590,000 |
| Total loans | 104,833,000 | 116,434,000 | 110,208,000 | 96,644,000 |
| Allowance for loan losses | 3,374,000 | 2,301,000 | 2,333,000 | 2,195,000 |
| Securities available for sale | 62,514,000 | 59,567,000 | 54,821,000 | 56,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,049,000 | 162,604,000 | 171,293,000 | 152,169,000 |
| Interest-bearing deposits | 133,874,000 | 127,667,000 | 133,026,000 | 119,476,000 |
| Noninterest-bearing deposits | 37,175,000 | 34,937,000 | 38,267,000 | 32,693,000 |
| Equity capital | 22,731,000 | 23,030,000 | 23,505,000 | 24,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,875,000 | 6,011,000 | 9,286,000 | 12,179,000 |
| Interest expense | 1,040,000 | 2,238,000 | 3,490,000 | 4,473,000 |
| Net interest income | 1,835,000 | 3,773,000 | 5,796,000 | 7,706,000 |
| Noninterest income | 548,000 | 1,117,000 | 2,084,000 | 2,685,000 |
| Noninterest expense | 1,470,000 | 2,969,000 | 4,496,000 | 6,029,000 |
| Provision for loan losses | 1,735,000 | 1,800,000 | 1,877,000 | 1,952,000 |
| Pretax income | -822,000 | 125,000 | 1,511,000 | 2,414,000 |
| Income tax | -359,000 | -104,000 | 292,000 | 556,000 |
| Net income | -463,000 | 229,000 | 1,219,000 | 1,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,462,000 | 18,154,000 | 18,294,000 | 18,583,000 |
| Total capital | 19,029,000 | 19,832,000 | 19,891,000 | 20,046,000 |
| Risk-weighted assets | 123,528,000 | 133,623,000 | 127,063,000 | 116,323,000 |