Call reports 2022
SOUTHERN BANCORP BANK — 2022
What SOUTHERN BANCORP BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,068,294,000 | 2,119,804,000 | 2,178,021,000 | 2,258,187,000 |
| Total loans | 1,254,386,000 | 1,334,113,000 | 1,385,101,000 | 1,371,242,000 |
| Allowance for loan losses | 16,394,000 | 16,364,000 | 16,212,000 | 15,567,000 |
| Securities available for sale | 259,358,000 | 236,380,000 | 213,216,000 | 217,736,000 |
| Securities held to maturity | 328,395,000 | 350,857,000 | 350,141,000 | 349,615,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,743,412,000 | 1,772,614,000 | 1,778,651,000 | 1,933,309,000 |
| Interest-bearing deposits | 1,677,583,000 | 1,692,413,000 | 1,703,882,000 | 1,860,375,000 |
| Noninterest-bearing deposits | 65,829,000 | 80,201,000 | 74,769,000 | 72,934,000 |
| Equity capital | 203,345,000 | 194,669,000 | 268,510,000 | 280,758,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 16,701,000 | 34,415,000 | 54,814,000 | 76,421,000 |
| Interest expense | 1,060,000 | 2,367,000 | 4,137,000 | 7,438,000 |
| Net interest income | 15,641,000 | 32,048,000 | 50,677,000 | 68,983,000 |
| Noninterest income | 2,921,000 | 11,690,000 | 20,253,000 | 22,619,000 |
| Noninterest expense | 13,003,000 | 27,164,000 | 40,943,000 | 55,444,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 5,559,000 | 16,574,000 | 29,987,000 | 36,158,000 |
| Income tax | 250,000 | 2,200,000 | 4,682,000 | 5,720,000 |
| Net income | 5,309,000 | 14,374,000 | 25,305,000 | 30,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,606,000 | 180,105,000 | 266,090,000 | 271,248,000 |
| Total capital | 188,000,000 | 196,469,000 | 282,302,000 | 286,815,000 |
| Risk-weighted assets | 1,332,891,000 | 1,434,266,000 | 1,459,424,000 | 1,437,539,000 |