Call reports 2014
SOUTHERN BANK & TRUST — 2014
What SOUTHERN BANK & TRUST reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 102,115,000 | 100,893,000 | 101,901,000 | 103,527,000 |
| Total loans | 67,523,000 | 69,606,000 | 71,723,000 | 74,273,000 |
| Allowance for loan losses | 1,613,000 | 1,613,000 | 1,615,000 | 1,617,000 |
| Securities available for sale | 28,527,000 | 27,076,000 | 24,019,000 | 24,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,517,000 | 87,728,000 | 88,464,000 | 89,680,000 |
| Interest-bearing deposits | 81,332,000 | 79,962,000 | 80,072,000 | 80,150,000 |
| Noninterest-bearing deposits | 8,185,000 | 7,766,000 | 8,392,000 | 9,530,000 |
| Equity capital | 11,641,000 | 12,028,000 | 12,286,000 | 12,612,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,047,000 | 2,126,000 | 3,228,000 | 4,343,000 |
| Interest expense | 96,000 | 195,000 | 291,000 | 389,000 |
| Net interest income | 951,000 | 1,931,000 | 2,937,000 | 3,954,000 |
| Noninterest income | 71,000 | 151,000 | 222,000 | 299,000 |
| Noninterest expense | 733,000 | 1,510,000 | 2,276,000 | 3,079,000 |
| Provision for loan losses | 7,000 | 10,000 | 11,000 | 12,000 |
| Pretax income | 293,000 | 581,000 | 892,000 | 1,183,000 |
| Income tax | 78,000 | 164,000 | 262,000 | 333,000 |
| Net income | 215,000 | 417,000 | 630,000 | 850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,859,000 | 12,062,000 | 12,278,000 | 12,501,000 |
| Total capital | 12,710,000 | 12,907,000 | 13,178,000 | 13,393,000 |
| Risk-weighted assets | 67,352,000 | 66,822,000 | 71,310,000 | 70,621,000 |