Call reports 2019
SOUTHERN BANK & TRUST — 2019
What SOUTHERN BANK & TRUST reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 205,114,000 | 216,247,000 | 224,546,000 | 230,649,000 |
| Total loans | 159,536,000 | 176,249,000 | 175,683,000 | 182,232,000 |
| Allowance for loan losses | 2,180,000 | 2,181,000 | 2,214,000 | 2,211,000 |
| Securities available for sale | 20,050,000 | 21,046,000 | 20,919,000 | 20,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,169,000 | 191,155,000 | 198,244,000 | 204,415,000 |
| Interest-bearing deposits | 158,605,000 | 166,269,000 | 172,606,000 | 179,399,000 |
| Noninterest-bearing deposits | 23,564,000 | 24,886,000 | 25,638,000 | 25,016,000 |
| Equity capital | 18,209,000 | 19,128,000 | 19,937,000 | 20,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,579,000 | 5,394,000 | 8,359,000 | 11,339,000 |
| Interest expense | 492,000 | 1,041,000 | 1,651,000 | 2,302,000 |
| Net interest income | 2,087,000 | 4,353,000 | 6,708,000 | 9,037,000 |
| Noninterest income | 252,000 | 491,000 | 722,000 | 999,000 |
| Noninterest expense | 1,552,000 | 3,206,000 | 4,837,000 | 6,435,000 |
| Provision for loan losses | 0 | 0 | 35,000 | 35,000 |
| Pretax income | 787,000 | 1,648,000 | 2,571,000 | 3,579,000 |
| Income tax | 181,000 | 373,000 | 593,000 | 806,000 |
| Net income | 606,000 | 1,275,000 | 1,978,000 | 2,773,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,252,000 | 18,952,000 | 19,686,000 | 20,202,000 |
| Total capital | 20,154,000 | 21,039,000 | 21,803,000 | 22,413,000 |
| Risk-weighted assets | 151,911,000 | 166,923,000 | 169,339,000 | 177,655,000 |