Call reports 2004
SOUTHERN BANCORP BANK — 2004
What SOUTHERN BANCORP BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 166,442,000 | 165,579,000 | 167,227,000 | 163,119,000 |
| Total loans | 83,381,000 | 84,371,000 | 85,937,000 | 84,506,000 |
| Allowance for loan losses | 2,132,000 | 2,194,000 | 2,062,000 | 1,982,000 |
| Securities available for sale | 65,994,000 | 60,378,000 | 59,307,000 | 61,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,667,000 | 143,780,000 | 144,525,000 | 142,618,000 |
| Interest-bearing deposits | 134,377,000 | 134,096,000 | 132,685,000 | 130,658,000 |
| Noninterest-bearing deposits | 11,290,000 | 9,684,000 | 11,840,000 | 11,960,000 |
| Equity capital | 15,486,000 | 14,980,000 | 15,978,000 | 15,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,036,000 | 4,058,000 | 6,065,000 | 8,112,000 |
| Interest expense | 617,000 | 1,216,000 | 1,822,000 | 2,429,000 |
| Net interest income | 1,419,000 | 2,842,000 | 4,243,000 | 5,683,000 |
| Noninterest income | 430,000 | 1,100,000 | 1,607,000 | 2,096,000 |
| Noninterest expense | 1,284,000 | 2,597,000 | 3,866,000 | 5,142,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 475,000 | 1,165,000 | 1,714,000 | 2,280,000 |
| Income tax | 107,000 | 263,000 | 386,000 | 454,000 |
| Net income | 368,000 | 902,000 | 1,328,000 | 1,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,267,000 | 11,800,000 | 12,227,000 | 12,145,000 |
| Total capital | 12,401,000 | 12,947,000 | 13,403,000 | 13,303,000 |
| Risk-weighted assets | 89,691,000 | 90,695,000 | 93,226,000 | 91,818,000 |