Call reports 2009
SOUTHERN BANK & TRUST — 2009
What SOUTHERN BANK & TRUST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 67,405,000 | 68,337,000 | 72,984,000 | 74,982,000 |
| Total loans | 49,901,000 | 52,522,000 | 53,309,000 | 55,335,000 |
| Allowance for loan losses | 714,000 | 733,000 | 942,000 | 912,000 |
| Securities available for sale | 12,081,000 | 13,317,000 | 14,439,000 | 17,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,556,000 | 56,575,000 | 59,924,000 | 62,552,000 |
| Interest-bearing deposits | 52,674,000 | 53,913,000 | 57,402,000 | 60,109,000 |
| Noninterest-bearing deposits | 2,882,000 | 2,662,000 | 2,522,000 | 2,443,000 |
| Equity capital | 8,405,000 | 8,344,000 | 9,112,000 | 8,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 999,000 | 2,029,000 | 3,100,000 | 4,192,000 |
| Interest expense | 439,000 | 875,000 | 1,297,000 | 1,694,000 |
| Net interest income | 560,000 | 1,154,000 | 1,803,000 | 2,498,000 |
| Noninterest income | 63,000 | 159,000 | 204,000 | 251,000 |
| Noninterest expense | 648,000 | 1,331,000 | 2,002,000 | 2,664,000 |
| Provision for loan losses | 54,000 | 99,000 | 448,000 | 493,000 |
| Pretax income | -8,000 | -46,000 | -363,000 | -328,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -8,000 | -46,000 | -363,000 | -328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,162,000 | 8,134,000 | 8,826,000 | 8,870,000 |
| Total capital | 8,757,000 | 8,756,000 | 9,469,000 | 9,525,000 |
| Risk-weighted assets | 47,497,000 | 49,657,000 | 51,133,000 | 52,176,000 |