Call reports 2009
SOUTHERN BANCORP BANK — 2009
What SOUTHERN BANCORP BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 200,887,000 | 324,895,000 | 348,630,000 | 709,743,000 |
| Total loans | 129,456,000 | 219,841,000 | 227,521,000 | 468,083,000 |
| Allowance for loan losses | 2,324,000 | 5,061,000 | 5,118,000 | 7,148,000 |
| Securities available for sale | 47,091,000 | 59,466,000 | 57,091,000 | 141,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,053,000 | 268,781,000 | 289,033,000 | 591,175,000 |
| Interest-bearing deposits | 163,696,000 | 243,158,000 | 266,461,000 | 503,898,000 |
| Noninterest-bearing deposits | 15,357,000 | 25,623,000 | 22,572,000 | 87,277,000 |
| Equity capital | 18,930,000 | 26,457,000 | 27,261,000 | 62,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,694,000 | 5,393,000 | 9,955,000 | 32,219,000 |
| Interest expense | 897,000 | 1,740,000 | 3,107,000 | 8,074,000 |
| Net interest income | 1,797,000 | 3,653,000 | 6,848,000 | 24,145,000 |
| Noninterest income | 401,000 | 860,000 | 1,471,000 | 6,085,000 |
| Noninterest expense | 1,587,000 | 3,301,000 | 5,876,000 | 21,912,000 |
| Provision for loan losses | 90,000 | 180,000 | 430,000 | 2,176,000 |
| Pretax income | 521,000 | 1,135,000 | 2,118,000 | 6,416,000 |
| Income tax | 119,000 | 276,000 | 563,000 | 1,666,000 |
| Net income | 402,000 | 859,000 | 1,555,000 | 4,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,158,000 | 20,459,000 | 20,705,000 | 44,095,000 |
| Total capital | 16,985,000 | 23,305,000 | 23,573,000 | 50,374,000 |
| Risk-weighted assets | 145,623,000 | 225,512,000 | 227,172,000 | 501,433,000 |