Call reports 2011
SOUTHERN BANK & TRUST — 2011
What SOUTHERN BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 91,685,000 | 94,382,000 | 94,179,000 | 97,045,000 |
| Total loans | 59,969,000 | 61,732,000 | 63,086,000 | 62,715,000 |
| Allowance for loan losses | 1,164,000 | 1,208,000 | 1,311,000 | 1,384,000 |
| Securities available for sale | 27,476,000 | 29,177,000 | 27,816,000 | 29,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,483,000 | 82,797,000 | 83,183,000 | 85,876,000 |
| Interest-bearing deposits | 75,954,000 | 78,651,000 | 78,585,000 | 81,727,000 |
| Noninterest-bearing deposits | 4,529,000 | 4,146,000 | 4,598,000 | 4,149,000 |
| Equity capital | 9,849,000 | 10,215,000 | 10,503,000 | 10,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,201,000 | 2,448,000 | 3,705,000 | 4,919,000 |
| Interest expense | 292,000 | 556,000 | 791,000 | 1,000,000 |
| Net interest income | 909,000 | 1,892,000 | 2,914,000 | 3,919,000 |
| Noninterest income | 61,000 | 142,000 | 209,000 | 282,000 |
| Noninterest expense | 723,000 | 1,480,000 | 2,272,000 | 3,104,000 |
| Provision for loan losses | 140,000 | 321,000 | 426,000 | 504,000 |
| Pretax income | 131,000 | 291,000 | 553,000 | 728,000 |
| Income tax | 50,000 | 111,000 | 233,000 | 329,000 |
| Net income | 81,000 | 180,000 | 320,000 | 399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,814,000 | 9,917,000 | 10,062,000 | 10,146,000 |
| Total capital | 10,589,000 | 10,688,000 | 10,824,000 | 10,904,000 |
| Risk-weighted assets | 61,603,000 | 61,237,000 | 61,356,000 | 60,253,000 |