Call reports 2014
SOUTHERN BANCORP BANK — 2014
What SOUTHERN BANCORP BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,120,538,000 | 1,144,418,000 | 1,155,770,000 | 1,172,557,000 |
| Total loans | 733,974,000 | 778,687,000 | 793,596,000 | 779,704,000 |
| Allowance for loan losses | 8,913,000 | 8,605,000 | 8,470,000 | 8,668,000 |
| Securities available for sale | 206,852,000 | 196,935,000 | 199,499,000 | 207,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 926,610,000 | 904,052,000 | 898,431,000 | 970,793,000 |
| Interest-bearing deposits | 888,190,000 | 862,429,000 | 846,643,000 | 926,539,000 |
| Noninterest-bearing deposits | 38,420,000 | 41,623,000 | 51,788,000 | 44,254,000 |
| Equity capital | 122,971,000 | 126,040,000 | 129,966,000 | 136,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,054,000 | 22,382,000 | 34,349,000 | 46,185,000 |
| Interest expense | 734,000 | 1,669,000 | 2,486,000 | 3,277,000 |
| Net interest income | 10,320,000 | 20,713,000 | 31,863,000 | 42,908,000 |
| Noninterest income | 1,736,000 | 3,836,000 | 5,979,000 | 8,679,000 |
| Noninterest expense | 8,251,000 | 16,669,000 | 25,201,000 | 33,935,000 |
| Provision for loan losses | 501,000 | 801,000 | 1,401,000 | 1,951,000 |
| Pretax income | 3,317,000 | 7,159,000 | 11,321,000 | 15,785,000 |
| Income tax | 834,000 | 1,877,000 | 2,763,000 | 4,261,000 |
| Net income | 2,483,000 | 5,282,000 | 8,558,000 | 11,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,308,000 | 91,981,000 | 95,257,000 | 99,784,000 |
| Total capital | 99,221,000 | 100,586,000 | 103,727,000 | 108,452,000 |
| Risk-weighted assets | 764,168,000 | 794,911,000 | 803,743,000 | 791,915,000 |