Call reports 2010
SOUTHERN BANK & TRUST — 2010
What SOUTHERN BANK & TRUST reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 83,786,000 | 87,472,000 | 88,871,000 | 90,121,000 |
| Total loans | 56,642,000 | 57,656,000 | 60,605,000 | 60,595,000 |
| Allowance for loan losses | 913,000 | 980,000 | 1,065,000 | 1,118,000 |
| Securities available for sale | 18,222,000 | 22,502,000 | 23,380,000 | 23,380,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,319,000 | 73,084,000 | 75,807,000 | 77,186,000 |
| Interest-bearing deposits | 67,163,000 | 69,313,000 | 71,893,000 | 73,416,000 |
| Noninterest-bearing deposits | 4,156,000 | 3,771,000 | 3,914,000 | 3,770,000 |
| Equity capital | 9,109,000 | 9,376,000 | 9,520,000 | 9,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,144,000 | 2,304,000 | 3,512,000 | 4,724,000 |
| Interest expense | 369,000 | 733,000 | 1,088,000 | 1,421,000 |
| Net interest income | 775,000 | 1,571,000 | 2,424,000 | 3,303,000 |
| Noninterest income | 48,000 | 106,000 | 170,000 | 241,000 |
| Noninterest expense | 676,000 | 1,368,000 | 2,097,000 | 2,868,000 |
| Provision for loan losses | 127,000 | 218,000 | 317,000 | 455,000 |
| Pretax income | 35,000 | 103,000 | 192,000 | 297,000 |
| Income tax | 0 | 0 | 0 | -536,000 |
| Net income | 35,000 | 103,000 | 192,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,912,000 | 8,986,000 | 9,081,000 | 9,728,000 |
| Total capital | 9,602,000 | 9,711,000 | 9,823,000 | 10,505,000 |
| Risk-weighted assets | 54,967,000 | 57,395,000 | 59,733,000 | 61,905,000 |