Call reports 2007
SOUTHERN BANK & TRUST — 2007
What SOUTHERN BANK & TRUST 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 | 53,999,000 | 59,091,000 | 61,591,000 | 59,413,000 |
| Total loans | 42,059,000 | 46,212,000 | 42,964,000 | 42,190,000 |
| Allowance for loan losses | 421,000 | 462,000 | 517,000 | 577,000 |
| Securities available for sale | 5,853,000 | 8,034,000 | 11,552,000 | 13,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,047,000 | 50,319,000 | 52,791,000 | 50,652,000 |
| Interest-bearing deposits | 42,250,000 | 47,921,000 | 50,197,000 | 48,198,000 |
| Noninterest-bearing deposits | 2,797,000 | 2,398,000 | 2,594,000 | 2,454,000 |
| Equity capital | 8,639,000 | 8,530,000 | 8,505,000 | 8,480,000 |
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 | 1,033,000 | 2,194,000 | 3,414,000 | 4,616,000 |
| Interest expense | 446,000 | 994,000 | 1,597,000 | 2,193,000 |
| Net interest income | 587,000 | 1,200,000 | 1,817,000 | 2,423,000 |
| Noninterest income | 68,000 | 143,000 | 201,000 | 281,000 |
| Noninterest expense | 637,000 | 1,319,000 | 2,010,000 | 2,699,000 |
| Provision for loan losses | 88,000 | 128,000 | 238,000 | 316,000 |
| Pretax income | -70,000 | -104,000 | -230,000 | -311,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -70,000 | -104,000 | -230,000 | -311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,639,000 | 8,618,000 | 8,507,000 | 8,442,000 |
| Total capital | 9,060,000 | 9,080,000 | 8,982,000 | 8,917,000 |
| Risk-weighted assets | 38,074,000 | 41,845,000 | 38,949,000 | 37,926,000 |