Call reports 2003
SOUTHERN BANCORP BANK — 2003
What SOUTHERN BANCORP BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 161,648,000 | 155,802,000 | 163,540,000 | 161,896,000 |
| Total loans | 74,251,000 | 78,904,000 | 78,787,000 | 79,657,000 |
| Allowance for loan losses | 2,066,000 | 2,240,000 | 2,092,000 | 2,034,000 |
| Securities available for sale | 65,038,000 | 54,990,000 | 64,974,000 | 62,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,088,000 | 140,057,000 | 141,115,000 | 146,353,000 |
| Interest-bearing deposits | 132,466,000 | 129,191,000 | 129,213,000 | 134,773,000 |
| Noninterest-bearing deposits | 9,622,000 | 10,866,000 | 11,902,000 | 11,580,000 |
| Equity capital | 13,564,000 | 14,118,000 | 14,268,000 | 14,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,983,000 | 3,871,000 | 5,681,000 | 7,733,000 |
| Interest expense | 773,000 | 1,465,000 | 2,098,000 | 2,749,000 |
| Net interest income | 1,210,000 | 2,406,000 | 3,583,000 | 4,984,000 |
| Noninterest income | 528,000 | 1,452,000 | 2,153,000 | 2,695,000 |
| Noninterest expense | 1,281,000 | 2,595,000 | 3,930,000 | 5,277,000 |
| Provision for loan losses | 41,000 | 221,000 | 241,000 | 241,000 |
| Pretax income | 456,000 | 1,082,000 | 1,603,000 | 2,199,000 |
| Income tax | 110,000 | 290,000 | 422,000 | 577,000 |
| Net income | 346,000 | 792,000 | 1,181,000 | 1,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,632,000 | 10,077,000 | 10,458,000 | 10,899,000 |
| Total capital | 10,631,000 | 11,152,000 | 11,538,000 | 11,986,000 |
| Risk-weighted assets | 78,855,000 | 84,838,000 | 85,393,000 | 86,022,000 |