Call reports 2020
SOUTHERN BANCORP BANK — 2020
What SOUTHERN BANCORP BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,484,652,000 | 1,632,595,000 | 1,602,292,000 | 1,680,692,000 |
| Total loans | 1,005,841,000 | 1,155,056,000 | 1,162,196,000 | 1,153,629,000 |
| Allowance for loan losses | 13,578,000 | 16,306,000 | 16,616,000 | 17,224,000 |
| Securities available for sale | 171,907,000 | 165,409,000 | 150,172,000 | 236,580,000 |
| Securities held to maturity | 33,432,000 | 29,721,000 | 27,046,000 | 17,063,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,226,001,000 | 1,360,286,000 | 1,309,907,000 | 1,383,004,000 |
| Interest-bearing deposits | 1,186,206,000 | 1,299,081,000 | 1,262,381,000 | 1,316,773,000 |
| Noninterest-bearing deposits | 39,795,000 | 61,205,000 | 47,526,000 | 66,231,000 |
| Equity capital | 174,027,000 | 181,804,000 | 184,168,000 | 187,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 14,517,000 | 32,871,000 | 47,579,000 | 62,012,000 |
| Interest expense | 2,621,000 | 4,771,000 | 6,606,000 | 8,239,000 |
| Net interest income | 11,896,000 | 28,100,000 | 40,973,000 | 53,773,000 |
| Noninterest income | 2,849,000 | 4,867,000 | 7,733,000 | 9,926,000 |
| Noninterest expense | 10,241,000 | 20,017,000 | 30,217,000 | 40,343,000 |
| Provision for loan losses | 400,000 | 3,100,000 | 4,550,000 | 5,850,000 |
| Pretax income | 4,104,000 | 9,255,000 | 13,344,000 | 16,911,000 |
| Income tax | 650,000 | 1,650,000 | 2,360,000 | 2,885,000 |
| Net income | 3,454,000 | 7,605,000 | 10,984,000 | 14,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,896,000 | 138,134,000 | 140,468,000 | 143,530,000 |
| Total capital | 146,796,000 | 151,377,000 | 154,166,000 | 157,148,000 |
| Risk-weighted assets | 1,031,249,000 | 1,056,291,000 | 1,092,954,000 | 1,085,812,000 |