Call reports 2007
SOUTHERN BANCORP BANK — 2007
What SOUTHERN BANCORP BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 188,508,000 | 191,960,000 | 194,060,000 | 196,780,000 |
| Total loans | 111,095,000 | 121,933,000 | 127,985,000 | 126,472,000 |
| Allowance for loan losses | 1,834,000 | 1,888,000 | 1,995,000 | 2,070,000 |
| Securities available for sale | 51,954,000 | 50,804,000 | 45,295,000 | 42,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,339,000 | 171,583,000 | 169,874,000 | 176,108,000 |
| Interest-bearing deposits | 153,263,000 | 155,397,000 | 154,260,000 | 161,255,000 |
| Noninterest-bearing deposits | 16,076,000 | 16,186,000 | 15,614,000 | 14,853,000 |
| Equity capital | 17,210,000 | 16,805,000 | 17,619,000 | 18,203,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,877,000 | 5,964,000 | 9,341,000 | 12,572,000 |
| Interest expense | 1,282,000 | 2,617,000 | 4,037,000 | 5,466,000 |
| Net interest income | 1,595,000 | 3,347,000 | 5,304,000 | 7,106,000 |
| Noninterest income | 441,000 | 933,000 | 1,444,000 | 1,937,000 |
| Noninterest expense | 1,461,000 | 2,924,000 | 4,517,000 | 6,272,000 |
| Provision for loan losses | 115,000 | 160,000 | 255,000 | 398,000 |
| Pretax income | 460,000 | 1,196,000 | 1,976,000 | 2,373,000 |
| Income tax | 98,000 | 285,000 | 498,000 | 598,000 |
| Net income | 362,000 | 911,000 | 1,478,000 | 1,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,921,000 | 13,820,000 | 14,388,000 | 14,684,000 |
| Total capital | 15,509,000 | 15,520,000 | 16,150,000 | 16,439,000 |
| Risk-weighted assets | 126,832,000 | 135,789,000 | 140,750,000 | 140,075,000 |