Call reports 2017
SOUTHERN BANCORP BANK — 2017
What SOUTHERN BANCORP BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,160,597,000 | 1,224,595,000 | 1,244,097,000 | 1,235,070,000 |
| Total loans | 791,211,000 | 849,024,000 | 873,822,000 | 883,693,000 |
| Allowance for loan losses | 8,380,000 | 8,873,000 | 9,052,000 | 10,022,000 |
| Securities available for sale | 168,448,000 | 177,265,000 | 163,479,000 | 155,823,000 |
| Securities held to maturity | 32,427,000 | 32,399,000 | 35,151,000 | 35,066,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 941,242,000 | 966,397,000 | 987,159,000 | 1,021,931,000 |
| Interest-bearing deposits | 895,751,000 | 916,020,000 | 944,445,000 | 972,635,000 |
| Noninterest-bearing deposits | 45,491,000 | 50,377,000 | 42,714,000 | 49,296,000 |
| Equity capital | 132,703,000 | 139,168,000 | 139,918,000 | 141,217,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 11,014,000 | 23,095,000 | 36,016,000 | 48,891,000 |
| Interest expense | 735,000 | 1,615,000 | 2,675,000 | 3,714,000 |
| Net interest income | 10,279,000 | 21,480,000 | 33,341,000 | 45,177,000 |
| Noninterest income | 2,543,000 | 5,976,000 | 8,330,000 | 10,747,000 |
| Noninterest expense | 9,545,000 | 19,494,000 | 29,535,000 | 39,959,000 |
| Provision for loan losses | 550,000 | 1,350,000 | 2,050,000 | 3,350,000 |
| Pretax income | 2,727,000 | 6,628,000 | 10,102,000 | 12,631,000 |
| Income tax | 475,000 | 1,350,000 | 2,000,000 | 1,575,000 |
| Net income | 2,252,000 | 5,278,000 | 8,102,000 | 11,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,247,000 | 100,936,000 | 101,779,000 | 103,754,000 |
| Total capital | 104,627,000 | 109,809,000 | 110,831,000 | 113,776,000 |
| Risk-weighted assets | 838,810,000 | 891,209,000 | 916,880,000 | 923,308,000 |