Call reports 2012
SOUTHERN BANK & TRUST — 2012
What SOUTHERN BANK & TRUST reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 98,205,000 | 98,918,000 | 96,000,000 | 98,629,000 |
| Total loans | 60,216,000 | 59,789,000 | 62,563,000 | 63,556,000 |
| Allowance for loan losses | 1,443,000 | 1,484,000 | 1,511,000 | 1,584,000 |
| Securities available for sale | 28,523,000 | 34,094,000 | 29,612,000 | 30,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,124,000 | 86,553,000 | 83,378,000 | 85,766,000 |
| Interest-bearing deposits | 81,094,000 | 80,640,000 | 77,931,000 | 80,169,000 |
| Noninterest-bearing deposits | 5,030,000 | 5,913,000 | 5,447,000 | 5,597,000 |
| Equity capital | 10,825,000 | 11,035,000 | 11,252,000 | 11,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,164,000 | 2,297,000 | 3,396,000 | 4,496,000 |
| Interest expense | 190,000 | 368,000 | 510,000 | 639,000 |
| Net interest income | 974,000 | 1,929,000 | 2,886,000 | 3,857,000 |
| Noninterest income | 79,000 | 154,000 | 235,000 | 308,000 |
| Noninterest expense | 740,000 | 1,515,000 | 2,315,000 | 3,023,000 |
| Provision for loan losses | 96,000 | 162,000 | 274,000 | 351,000 |
| Pretax income | 244,000 | 433,000 | 642,000 | 906,000 |
| Income tax | 70,000 | 152,000 | 198,000 | 245,000 |
| Net income | 174,000 | 281,000 | 444,000 | 661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,323,000 | 10,435,000 | 10,601,000 | 10,822,000 |
| Total capital | 11,081,000 | 11,175,000 | 11,366,000 | 11,599,000 |
| Risk-weighted assets | 59,895,000 | 58,810,000 | 60,453,000 | 60,895,000 |