Call reports 2002
SOUTHERN BANCORP BANK — 2002
What SOUTHERN BANCORP BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 121,035,000 | 123,579,000 | 122,294,000 | 164,217,000 |
| Total loans | 67,826,000 | 66,845,000 | 65,425,000 | 67,631,000 |
| Allowance for loan losses | 2,146,000 | 2,103,000 | 2,099,000 | 2,249,000 |
| Securities available for sale | 27,514,000 | 37,628,000 | 41,583,000 | 77,474,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,123,000 | 109,131,000 | 107,433,000 | 140,645,000 |
| Interest-bearing deposits | 96,446,000 | 98,708,000 | 97,881,000 | 131,255,000 |
| Noninterest-bearing deposits | 10,677,000 | 10,423,000 | 9,552,000 | 9,390,000 |
| Equity capital | 12,014,000 | 12,607,000 | 13,035,000 | 13,313,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,728,000 | 3,500,000 | 5,301,000 | 6,983,000 |
| Interest expense | 729,000 | 1,409,000 | 2,048,000 | 2,656,000 |
| Net interest income | 999,000 | 2,091,000 | 3,253,000 | 4,327,000 |
| Noninterest income | 265,000 | 782,000 | 1,244,000 | 1,657,000 |
| Noninterest expense | 1,059,000 | 2,098,000 | 3,119,000 | 4,126,000 |
| Provision for loan losses | 328,000 | 475,000 | 657,000 | 838,000 |
| Pretax income | -123,000 | 300,000 | 721,000 | 1,020,000 |
| Income tax | -54,000 | 19,000 | 160,000 | 224,000 |
| Net income | -69,000 | 281,000 | 561,000 | 796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,813,000 | 12,162,000 | 12,442,000 | 9,250,000 |
| Total capital | 12,708,000 | 13,002,000 | 13,262,000 | 10,224,000 |
| Risk-weighted assets | 70,337,000 | 65,937,000 | 64,295,000 | 76,653,000 |