Call reports 2001
SOUTHLAND BUSINESS BANK — 2001
What SOUTHLAND BUSINESS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 21,908,000 | 20,457,000 | 23,127,000 | 23,857,000 |
| Total loans | 8,160,000 | 12,420,000 | 16,275,000 | 15,821,000 |
| Allowance for loan losses | 93,000 | 187,000 | 230,000 | 250,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,200,000 | 1,700,000 | 1,200,000 | 1,006,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,307,000 | 17,110,000 | 19,923,000 | 20,844,000 |
| Interest-bearing deposits | 10,655,000 | 10,171,000 | 12,042,000 | 13,012,000 |
| Noninterest-bearing deposits | 7,652,000 | 6,939,000 | 7,881,000 | 7,832,000 |
| Equity capital | 3,414,000 | 3,178,000 | 3,035,000 | 2,859,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 311,000 | 671,000 | 1,057,000 | 1,411,000 |
| Interest expense | 114,000 | 229,000 | 327,000 | 426,000 |
| Net interest income | 197,000 | 442,000 | 730,000 | 985,000 |
| Noninterest income | 9,000 | 22,000 | 37,000 | 54,000 |
| Noninterest expense | 379,000 | 779,000 | 1,182,000 | 1,610,000 |
| Provision for loan losses | 38,000 | 132,000 | 175,000 | 195,000 |
| Pretax income | -211,000 | -447,000 | -590,000 | -766,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -212,000 | -448,000 | -591,000 | -767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,414,000 | 3,178,000 | 3,035,000 | 2,859,000 |
| Total capital | 3,507,000 | 3,352,000 | 3,263,000 | 3,090,000 |
| Risk-weighted assets | 11,473,000 | 13,888,000 | 18,466,000 | 18,450,000 |