Call reports 2024
SOUTHERN BANCORP BANK — 2024
What SOUTHERN BANCORP BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,597,979,000 | 2,638,051,000 | 2,739,322,000 | 2,780,941,000 |
| Total loans | 1,579,584,000 | 1,663,643,000 | 1,728,003,000 | 1,751,648,000 |
| Allowance for loan losses | 19,619,000 | 19,777,000 | 19,336,000 | 19,341,000 |
| Securities available for sale | 217,855,000 | 220,182,000 | 228,839,000 | 217,687,000 |
| Securities held to maturity | 350,628,000 | 361,282,000 | 360,219,000 | 367,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,020,021,000 | 2,014,032,000 | 2,100,968,000 | 2,141,524,000 |
| Interest-bearing deposits | 1,935,098,000 | 1,937,863,000 | 2,030,084,000 | 1,672,966,000 |
| Noninterest-bearing deposits | 84,923,000 | 76,169,000 | 70,884,000 | 468,558,000 |
| Equity capital | 342,922,000 | 348,616,000 | 359,833,000 | 357,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 30,935,000 | 62,701,000 | 96,755,000 | 132,995,000 |
| Interest expense | 10,711,000 | 21,934,000 | 34,709,000 | 47,553,000 |
| Net interest income | 20,224,000 | 40,767,000 | 62,046,000 | 85,442,000 |
| Noninterest income | 3,628,000 | 6,889,000 | 10,513,000 | 13,965,000 |
| Noninterest expense | 17,525,000 | 34,962,000 | 54,031,000 | 74,298,000 |
| Provision for loan losses | 350,000 | 650,000 | 650,000 | 1,000,000 |
| Pretax income | 5,977,000 | 12,044,000 | 17,878,000 | 24,109,000 |
| Income tax | 511,000 | 1,640,000 | 1,821,000 | 2,649,000 |
| Net income | 5,466,000 | 10,404,000 | 16,057,000 | 21,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 320,277,000 | 325,382,000 | 331,183,000 | 336,084,000 |
| Total capital | 341,169,000 | 347,506,000 | 352,538,000 | 359,027,000 |
| Risk-weighted assets | 1,667,922,000 | 1,767,500,000 | 1,705,723,000 | 1,833,720,000 |
Machine access — free, no API key
Every figure shown here about SOUTHERN BANCORP BANK — 2024 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.