Call reports 2006
SOUTHERN BANK & TRUST — 2006
What SOUTHERN BANK & TRUST reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 22,311,000 | 31,542,000 | 37,299,000 | 43,746,000 |
| Total loans | 15,227,000 | 23,633,000 | 29,461,000 | 33,801,000 |
| Allowance for loan losses | 153,000 | 237,000 | 295,000 | 338,000 |
| Securities available for sale | 1,046,000 | 1,019,000 | 3,542,000 | 5,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,384,000 | 22,695,000 | 28,460,000 | 34,893,000 |
| Interest-bearing deposits | 11,371,000 | 20,627,000 | 26,846,000 | 32,988,000 |
| Noninterest-bearing deposits | 2,013,000 | 2,068,000 | 1,614,000 | 1,905,000 |
| Equity capital | 8,880,000 | 8,762,000 | 8,723,000 | 8,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 304,000 | 840,000 | 1,571,000 | 2,453,000 |
| Interest expense | 43,000 | 202,000 | 485,000 | 849,000 |
| Net interest income | 261,000 | 638,000 | 1,086,000 | 1,604,000 |
| Noninterest income | 16,000 | 50,000 | 85,000 | 128,000 |
| Noninterest expense | 382,000 | 846,000 | 1,341,000 | 1,895,000 |
| Provision for loan losses | 142,000 | 226,000 | 284,000 | 328,000 |
| Pretax income | -247,000 | -384,000 | -454,000 | -491,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -247,000 | -384,000 | -454,000 | -491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,880,000 | 8,762,000 | 8,723,000 | 8,698,000 |
| Total capital | 9,033,000 | 8,999,000 | 9,018,000 | 9,036,000 |
| Risk-weighted assets | 14,582,000 | 22,042,000 | 26,681,000 | 30,979,000 |