Call reports 2008
SOUTHERN BANCORP BANK, NATIONAL ASSOCIATION — 2008
What SOUTHERN BANCORP BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 198,187,000 | 206,479,000 | 209,213,000 | 205,490,000 |
| Total loans | 88,797,000 | 111,553,000 | 121,568,000 | 107,102,000 |
| Allowance for loan losses | 2,214,000 | 2,153,000 | 1,215,000 | 1,199,000 |
| Securities available for sale | 58,191,000 | 53,228,000 | 49,963,000 | 54,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,857,000 | 153,995,000 | 160,225,000 | 168,650,000 |
| Interest-bearing deposits | 125,771,000 | 117,937,000 | 126,640,000 | 126,339,000 |
| Noninterest-bearing deposits | 37,086,000 | 36,058,000 | 33,585,000 | 42,311,000 |
| Equity capital | 24,972,000 | 23,953,000 | 24,126,000 | 24,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,615,000 | 5,232,000 | 7,966,000 | 10,407,000 |
| Interest expense | 873,000 | 1,628,000 | 2,348,000 | 2,947,000 |
| Net interest income | 1,742,000 | 3,604,000 | 5,618,000 | 7,460,000 |
| Noninterest income | 598,000 | 1,144,000 | 1,695,000 | 2,228,000 |
| Noninterest expense | 1,580,000 | 3,185,000 | 4,815,000 | 6,467,000 |
| Provision for loan losses | 180,000 | 358,000 | 538,000 | 718,000 |
| Pretax income | 584,000 | 1,203,000 | 1,958,000 | 2,501,000 |
| Income tax | 128,000 | 273,000 | 464,000 | 612,000 |
| Net income | 456,000 | 930,000 | 1,494,000 | 1,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,040,000 | 18,613,000 | 18,653,000 | 18,325,000 |
| Total capital | 20,466,000 | 20,236,000 | 19,868,000 | 19,524,000 |
| Risk-weighted assets | 113,315,000 | 129,325,000 | 134,869,000 | 127,307,000 |