Call reports 2014

SOUTHERN BANK COMPANY, THE — 2014

Name: SOUTHERN BANK COMPANY, THE — FFIEC call report 2014
Creator: SOUTHERN BANK COMPANY, THE

What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2014, quarter by quarter.

PERIOD: 2014SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2014

Balance sheet

What the bank holds and owes at quarter end

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Total assets	95,903,000	94,569,000	95,678,000	95,827,000
Total loans	29,555,000	35,265,000	37,513,000	43,114,000
Allowance for loan losses	364,000	361,000	359,000	403,000
Securities available for sale	56,085,000	53,477,000	51,378,000	49,922,000
Securities held to maturity	6,000	5,000	4,000	3,000
Trading assets	0	0	0	0
Total deposits	73,126,000	72,692,000	74,021,000	73,013,000
Interest-bearing deposits	69,804,000	69,512,000	70,968,000	69,819,000
Noninterest-bearing deposits	3,321,000	3,180,000	3,053,000	3,194,000
Equity capital	14,032,000	14,167,000	13,955,000	14,057,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Interest income	760,000	1,664,000	2,489,000	3,377,000
Interest expense	177,000	350,000	531,000	719,000
Net interest income	583,000	1,314,000	1,958,000	2,658,000
Noninterest income	102,000	59,000	133,000	116,000
Noninterest expense	818,000	1,680,000	2,619,000	3,410,000
Provision for loan losses	0	0	0	125,000
Pretax income	-133,000	-146,000	-367,000	-600,000
Income tax	-50,000	-67,000	-150,000	-238,000
Net income	-83,000	-79,000	-217,000	-362,000

Basel measures — not reported for every quarter

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Tier 1 capital	13,830,000	13,834,000	13,695,000	13,551,000
Total capital	14,194,000	14,195,000	14,054,000	13,954,000
Risk-weighted assets	39,076,000	41,969,000	45,206,000	47,510,000