Call reports 2018
SOUTHERN BANCORP BANK — 2018
What SOUTHERN BANCORP BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,230,614,000 | 1,269,643,000 | 1,323,792,000 | 1,387,751,000 |
| Total loans | 869,665,000 | 924,408,000 | 968,217,000 | 959,531,000 |
| Allowance for loan losses | 9,889,000 | 9,412,000 | 10,137,000 | 11,156,000 |
| Securities available for sale | 152,866,000 | 154,433,000 | 152,262,000 | 149,611,000 |
| Securities held to maturity | 35,015,000 | 34,999,000 | 34,989,000 | 34,973,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,013,105,000 | 979,872,000 | 1,033,008,000 | 1,140,295,000 |
| Interest-bearing deposits | 963,132,000 | 931,504,000 | 989,027,000 | 1,087,649,000 |
| Noninterest-bearing deposits | 49,973,000 | 48,368,000 | 43,981,000 | 52,646,000 |
| Equity capital | 142,544,000 | 145,714,000 | 147,860,000 | 152,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 12,369,000 | 25,012,000 | 38,656,000 | 52,910,000 |
| Interest expense | 984,000 | 2,162,000 | 3,920,000 | 6,282,000 |
| Net interest income | 11,385,000 | 22,850,000 | 34,736,000 | 46,628,000 |
| Noninterest income | 2,354,000 | 4,421,000 | 7,050,000 | 9,567,000 |
| Noninterest expense | 9,309,000 | 18,534,000 | 27,899,000 | 36,675,000 |
| Provision for loan losses | 1,000,000 | 1,700,000 | 2,850,000 | 4,310,000 |
| Pretax income | 3,430,000 | 7,037,000 | 11,037,000 | 15,210,000 |
| Income tax | 300,000 | 800,000 | 1,700,000 | 2,450,000 |
| Net income | 3,130,000 | 6,237,000 | 9,337,000 | 12,760,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,903,000 | 110,030,000 | 113,149,000 | 116,592,000 |
| Total capital | 116,792,000 | 119,442,000 | 123,286,000 | 127,748,000 |
| Risk-weighted assets | 920,421,000 | 960,890,000 | 988,524,000 | 982,709,000 |