Call reports 2011
SOUTHERN BANK & TRUST — 2011
What SOUTHERN BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 186,605,000 | 183,817,000 | 185,789,000 |
| Total loans | 116,138,000 | 113,983,000 | 111,768,000 |
| Allowance for loan losses | 2,713,000 | 3,062,000 | 3,182,000 |
| Securities available for sale | 41,320,000 | 36,865,000 | 42,419,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 166,559,000 | 165,177,000 | 167,082,000 |
| Interest-bearing deposits | 152,438,000 | 151,060,000 | 153,919,000 |
| Noninterest-bearing deposits | 14,121,000 | 14,117,000 | 13,163,000 |
| Equity capital | 14,519,000 | 14,973,000 | 15,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 2,023,000 | 4,102,000 | 6,036,000 |
| Interest expense | 568,000 | 1,090,000 | 1,575,000 |
| Net interest income | 1,455,000 | 3,012,000 | 4,461,000 |
| Noninterest income | 172,000 | 363,000 | 480,000 |
| Noninterest expense | 995,000 | 1,988,000 | 3,016,000 |
| Provision for loan losses | 397,000 | 908,000 | 1,245,000 |
| Pretax income | 235,000 | 479,000 | 693,000 |
| Income tax | 92,000 | 182,000 | 258,000 |
| Net income | 143,000 | 297,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 14,622,000 | 14,980,000 | 14,932,000 |
| Total capital | 16,147,000 | 16,514,000 | 16,440,000 |
| Risk-weighted assets | 120,796,000 | 121,205,000 | 118,952,000 |