Call reports 2013
SOUTHERN BANK & TRUST — 2013
What SOUTHERN BANK & TRUST reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 96,982,000 | 98,971,000 | 98,360,000 | 101,113,000 |
| Total loans | 62,108,000 | 61,043,000 | 63,019,000 | 63,786,000 |
| Allowance for loan losses | 1,608,000 | 1,548,000 | 1,573,000 | 1,605,000 |
| Securities available for sale | 29,167,000 | 30,654,000 | 30,155,000 | 30,465,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,670,000 | 86,650,000 | 85,903,000 | 88,905,000 |
| Interest-bearing deposits | 77,522,000 | 79,611,000 | 79,486,000 | 81,328,000 |
| Noninterest-bearing deposits | 6,148,000 | 7,039,000 | 6,417,000 | 7,577,000 |
| Equity capital | 11,542,000 | 11,003,000 | 11,173,000 | 11,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,061,000 | 2,111,000 | 3,193,000 | 4,258,000 |
| Interest expense | 115,000 | 228,000 | 343,000 | 455,000 |
| Net interest income | 946,000 | 1,883,000 | 2,850,000 | 3,803,000 |
| Noninterest income | 73,000 | 148,000 | 214,000 | 286,000 |
| Noninterest expense | 719,000 | 1,439,000 | 2,140,000 | 2,878,000 |
| Provision for loan losses | 28,000 | 45,000 | 69,000 | 113,000 |
| Pretax income | 288,000 | 563,000 | 876,000 | 1,118,000 |
| Income tax | 108,000 | 206,000 | 292,000 | 305,000 |
| Net income | 180,000 | 357,000 | 584,000 | 813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,006,000 | 11,187,000 | 11,416,000 | 11,645,000 |
| Total capital | 11,777,000 | 11,988,000 | 12,216,000 | 12,469,000 |
| Risk-weighted assets | 61,123,000 | 63,299,000 | 63,176,000 | 65,137,000 |