Call reports 2016
SOUTHERN BANCORP BANK — 2016
What SOUTHERN BANCORP BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,144,623,000 | 1,164,098,000 | 1,193,503,000 | 1,149,088,000 |
| Total loans | 767,725,000 | 796,136,000 | 810,643,000 | 784,303,000 |
| Allowance for loan losses | 8,523,000 | 8,539,000 | 8,414,000 | 8,266,000 |
| Securities available for sale | 215,195,000 | 200,971,000 | 182,538,000 | 169,693,000 |
| Securities held to maturity | 0 | 5,355,000 | 11,666,000 | 29,356,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 925,301,000 | 914,592,000 | 925,755,000 | 953,222,000 |
| Interest-bearing deposits | 884,051,000 | 869,313,000 | 877,809,000 | 906,917,000 |
| Noninterest-bearing deposits | 41,250,000 | 45,279,000 | 47,946,000 | 46,305,000 |
| Equity capital | 144,568,000 | 147,388,000 | 150,400,000 | 129,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 11,111,000 | 22,397,000 | 34,094,000 | 45,314,000 |
| Interest expense | 705,000 | 1,487,000 | 2,295,000 | 3,069,000 |
| Net interest income | 10,406,000 | 20,910,000 | 31,799,000 | 42,245,000 |
| Noninterest income | 2,568,000 | 5,069,000 | 7,652,000 | 10,224,000 |
| Noninterest expense | 9,314,000 | 18,347,000 | 27,675,000 | 37,518,000 |
| Provision for loan losses | 400,000 | 950,000 | 1,550,000 | 1,680,000 |
| Pretax income | 3,260,000 | 6,734,000 | 10,278,000 | 13,323,000 |
| Income tax | 835,000 | 1,675,000 | 2,381,000 | 3,180,000 |
| Net income | 2,425,000 | 5,059,000 | 7,897,000 | 10,143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,777,000 | 108,911,000 | 111,749,000 | 93,995,000 |
| Total capital | 115,300,000 | 117,450,000 | 120,163,000 | 102,261,000 |
| Risk-weighted assets | 822,284,000 | 832,116,000 | 845,608,000 | 822,597,000 |