Call reports 2012
SOUTHERN BANK COMPANY, THE — 2012
What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 112,683,000 | 111,924,000 | 110,280,000 | 103,674,000 |
| Total loans | 26,915,000 | 27,489,000 | 27,843,000 | 27,776,000 |
| Allowance for loan losses | 264,000 | 283,000 | 309,000 | 309,000 |
| Securities available for sale | 76,634,000 | 77,364,000 | 73,140,000 | 69,741,000 |
| Securities held to maturity | 30,000 | 28,000 | 24,000 | 20,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,922,000 | 77,460,000 | 77,504,000 | 76,747,000 |
| Interest-bearing deposits | 74,509,000 | 75,303,000 | 75,208,000 | 73,519,000 |
| Noninterest-bearing deposits | 1,412,000 | 2,157,000 | 2,295,000 | 3,228,000 |
| Equity capital | 15,473,000 | 15,598,000 | 15,903,000 | 15,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 806,000 | 1,653,000 | 2,489,000 | 3,223,000 |
| Interest expense | 248,000 | 503,000 | 757,000 | 996,000 |
| Net interest income | 558,000 | 1,150,000 | 1,732,000 | 2,227,000 |
| Noninterest income | 61,000 | 144,000 | 226,000 | 316,000 |
| Noninterest expense | 679,000 | 1,350,000 | 2,083,000 | 2,890,000 |
| Provision for loan losses | 14,000 | 34,000 | 78,000 | 78,000 |
| Pretax income | -42,000 | -58,000 | -129,000 | -351,000 |
| Income tax | -16,000 | -22,000 | -164,000 | -248,000 |
| Net income | -26,000 | -36,000 | 35,000 | -103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,359,000 | 14,349,000 | 14,419,000 | 14,282,000 |
| Total capital | 14,623,000 | 14,632,000 | 14,728,000 | 14,591,000 |
| Risk-weighted assets | 37,882,000 | 37,676,000 | 38,316,000 | 36,466,000 |