Call reports 2016
SOUTHERN BANK & TRUST — 2016
What SOUTHERN BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 130,341,000 | 132,213,000 | 141,909,000 | 143,517,000 |
| Total loans | 96,355,000 | 102,822,000 | 109,104,000 | 118,546,000 |
| Allowance for loan losses | 1,823,000 | 1,843,000 | 1,921,000 | 1,981,000 |
| Securities available for sale | 22,388,000 | 21,760,000 | 20,889,000 | 20,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,543,000 | 116,824,000 | 126,029,000 | 126,846,000 |
| Interest-bearing deposits | 101,994,000 | 102,857,000 | 108,453,000 | 109,450,000 |
| Noninterest-bearing deposits | 13,549,000 | 13,967,000 | 17,576,000 | 17,396,000 |
| Equity capital | 13,917,000 | 14,357,000 | 14,659,000 | 14,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,408,000 | 2,887,000 | 4,457,000 | 6,113,000 |
| Interest expense | 95,000 | 195,000 | 299,000 | 408,000 |
| Net interest income | 1,313,000 | 2,692,000 | 4,158,000 | 5,705,000 |
| Noninterest income | 155,000 | 351,000 | 533,000 | 710,000 |
| Noninterest expense | 1,073,000 | 2,184,000 | 3,343,000 | 4,517,000 |
| Provision for loan losses | 23,000 | 76,000 | 154,000 | 214,000 |
| Pretax income | 380,000 | 799,000 | 1,243,000 | 1,733,000 |
| Income tax | 115,000 | 230,000 | 352,000 | 475,000 |
| Net income | 265,000 | 569,000 | 891,000 | 1,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,674,000 | 13,978,000 | 14,300,000 | 14,425,000 |
| Total capital | 14,899,000 | 15,277,000 | 15,661,000 | 15,881,000 |
| Risk-weighted assets | 97,555,000 | 103,531,000 | 108,335,000 | 116,007,000 |