Call reports 2023
SOUTHERN BANCORP BANK — 2023
What SOUTHERN BANCORP BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,408,041,000 | 2,468,261,000 | 2,531,657,000 | 2,606,845,000 |
| Total loans | 1,499,431,000 | 1,559,001,000 | 1,574,592,000 | 1,554,831,000 |
| Allowance for loan losses | 18,385,000 | 19,079,000 | 19,153,000 | 19,563,000 |
| Securities available for sale | 226,454,000 | 223,325,000 | 206,455,000 | 228,686,000 |
| Securities held to maturity | 350,779,000 | 350,018,000 | 351,880,000 | 351,421,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,034,722,000 | 1,962,103,000 | 1,978,520,000 | 2,033,394,000 |
| Interest-bearing deposits | 1,941,774,000 | 1,879,444,000 | 1,890,458,000 | 1,954,507,000 |
| Noninterest-bearing deposits | 92,948,000 | 82,659,000 | 88,062,000 | 78,887,000 |
| Equity capital | 323,911,000 | 328,646,000 | 324,874,000 | 345,209,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 23,642,000 | 49,397,000 | 76,859,000 | 107,546,000 |
| Interest expense | 3,965,000 | 10,872,000 | 18,917,000 | 28,722,000 |
| Net interest income | 19,677,000 | 38,525,000 | 57,942,000 | 78,824,000 |
| Noninterest income | 2,995,000 | 6,562,000 | 9,492,000 | 12,288,000 |
| Noninterest expense | 15,994,000 | 31,647,000 | 47,657,000 | 65,498,000 |
| Provision for loan losses | 0 | 600,000 | 900,000 | 1,000,000 |
| Pretax income | 6,678,000 | 12,840,000 | 19,278,000 | 25,015,000 |
| Income tax | 1,038,000 | 1,347,000 | 2,503,000 | 3,317,000 |
| Net income | 5,640,000 | 11,493,000 | 16,775,000 | 21,698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 298,085,000 | 304,104,000 | 309,552,000 | 314,643,000 |
| Total capital | 318,021,000 | 324,704,000 | 330,255,000 | 335,071,000 |
| Risk-weighted assets | 1,591,718,000 | 1,644,745,000 | 1,653,081,000 | 1,630,346,000 |