Call reports 2001
SOUTHERN BANCORP BANK — 2001
What SOUTHERN BANCORP BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 122,564,000 | 125,765,000 | 125,186,000 | 123,288,000 |
| Total loans | 82,400,000 | 79,317,000 | 78,206,000 | 72,275,000 |
| Allowance for loan losses | 921,000 | 931,000 | 2,301,000 | 1,883,000 |
| Securities available for sale | 20,003,000 | 23,139,000 | 23,614,000 | 24,414,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,731,000 | 112,679,000 | 111,667,000 | 109,925,000 |
| Interest-bearing deposits | 99,209,000 | 102,310,000 | 102,546,000 | 99,465,000 |
| Noninterest-bearing deposits | 10,522,000 | 10,369,000 | 9,121,000 | 10,460,000 |
| Equity capital | 10,428,000 | 10,644,000 | 10,616,000 | 11,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,306,000 | 4,571,000 | 6,685,000 | 8,630,000 |
| Interest expense | 1,142,000 | 2,304,000 | 3,388,000 | 4,263,000 |
| Net interest income | 1,164,000 | 2,267,000 | 3,297,000 | 4,367,000 |
| Noninterest income | 281,000 | 675,000 | 2,495,000 | 2,786,000 |
| Noninterest expense | 995,000 | 1,957,000 | 2,997,000 | 4,084,000 |
| Provision for loan losses | 175,000 | 407,000 | 2,457,000 | 2,979,000 |
| Pretax income | 275,000 | 578,000 | 338,000 | 90,000 |
| Income tax | 90,000 | 190,000 | 131,000 | 22,000 |
| Net income | 185,000 | 388,000 | 207,000 | 68,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,231,000 | 10,327,000 | 10,252,000 | 11,114,000 |
| Total capital | 11,152,000 | 11,258,000 | 11,453,000 | 12,298,000 |
| Risk-weighted assets | 82,119,000 | 82,047,000 | 94,953,000 | 94,179,000 |