Call reports 2008
SOUTHERN BANCORP BANK — 2008
What SOUTHERN BANCORP BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 201,358,000 | 203,546,000 | 198,720,000 | 201,285,000 |
| Total loans | 122,012,000 | 124,416,000 | 121,146,000 | 124,021,000 |
| Allowance for loan losses | 2,169,000 | 2,130,000 | 2,197,000 | 2,303,000 |
| Securities available for sale | 45,839,000 | 47,137,000 | 44,316,000 | 46,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,911,000 | 176,127,000 | 171,870,000 | 171,725,000 |
| Interest-bearing deposits | 161,978,000 | 158,599,000 | 155,859,000 | 158,557,000 |
| Noninterest-bearing deposits | 12,933,000 | 17,528,000 | 16,011,000 | 13,168,000 |
| Equity capital | 18,371,000 | 18,523,000 | 18,292,000 | 18,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,064,000 | 6,010,000 | 8,889,000 | 11,719,000 |
| Interest expense | 1,370,000 | 2,543,000 | 3,574,000 | 4,589,000 |
| Net interest income | 1,694,000 | 3,467,000 | 5,315,000 | 7,130,000 |
| Noninterest income | 454,000 | 921,000 | 1,376,000 | 1,923,000 |
| Noninterest expense | 1,438,000 | 2,858,000 | 4,327,000 | 6,015,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 627,000 | 1,363,000 | 2,107,000 | 2,691,000 |
| Income tax | 156,000 | 350,000 | 561,000 | 725,000 |
| Net income | 471,000 | 1,013,000 | 1,546,000 | 1,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,556,000 | 15,052,000 | 14,986,000 | 15,206,000 |
| Total capital | 16,276,000 | 16,799,000 | 16,702,000 | 16,976,000 |
| Risk-weighted assets | 136,857,000 | 139,395,000 | 136,801,000 | 141,083,000 |