Call reports 2011

SOUTHERN BANK COMPANY, THE — 2011

Name: SOUTHERN BANK COMPANY, THE — FFIEC call report 2011
Creator: SOUTHERN BANK COMPANY, THE

What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2011, quarter by quarter.

PERIOD: 2011SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2011

Balance sheet

What the bank holds and owes at quarter end

Measure	2011Q1	2011Q2	2011Q3	2011Q4
Total assets	94,800,000	95,947,000	97,253,000	101,769,000
Total loans	28,564,000	28,224,000	27,676,000	27,582,000
Allowance for loan losses	248,000	250,000	242,000	249,000
Securities available for sale	56,973,000	60,504,000	58,634,000	67,701,000
Securities held to maturity	39,000	37,000	34,000	32,000
Trading assets	0	0	0	0
Total deposits	70,053,000	71,131,000	70,176,000	74,645,000
Interest-bearing deposits	68,778,000	69,575,000	69,181,000	73,470,000
Noninterest-bearing deposits	1,275,000	1,556,000	995,000	1,175,000
Equity capital	15,266,000	15,243,000	15,393,000	15,424,000

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	2011Q4
Interest income	833,000	1,673,000	2,504,000	3,341,000
Interest expense	261,000	506,000	741,000	984,000
Net interest income	572,000	1,167,000	1,763,000	2,357,000
Noninterest income	28,000	53,000	79,000	122,000
Noninterest expense	708,000	1,391,000	2,067,000	2,761,000
Provision for loan losses	0	0	4,000	8,000
Pretax income	-108,000	-143,000	-139,000	-134,000
Income tax	-41,000	-54,000	-49,000	-47,000
Net income	-67,000	-89,000	-90,000	-87,000

Basel measures — not reported for every quarter

Measure	2011Q1	2011Q2	2011Q3	2011Q4
Tier 1 capital	14,605,000	14,384,000	14,382,000	14,385,000
Total capital	14,853,000	14,634,000	14,624,000	14,634,000
Risk-weighted assets	35,421,000	38,225,000	37,272,000	36,710,000