Call reports 2017

SOUTHERN BANK COMPANY, THE — 2017

Name: SOUTHERN BANK COMPANY, THE — FFIEC call report 2017
Creator: SOUTHERN BANK COMPANY, THE

What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2017, quarter by quarter.

PERIOD: 2017SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2017

Balance sheet

What the bank holds and owes at quarter end

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Total assets	94,521,000	98,239,000	100,746,000	98,722,000
Total loans	57,855,000	63,938,000	66,358,000	70,868,000
Allowance for loan losses	915,000	1,238,000	1,803,000	1,432,000
Securities available for sale	29,749,000	28,773,000	25,320,000	23,917,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	76,316,000	79,937,000	77,792,000	76,666,000
Interest-bearing deposits	70,846,000	72,234,000	71,629,000	69,380,000
Noninterest-bearing deposits	5,470,000	7,703,000	6,163,000	7,286,000
Equity capital	11,722,000	11,330,000	11,151,000	10,470,000

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

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Interest income	1,025,000	2,158,000	3,489,000	4,766,000
Interest expense	180,000	357,000	551,000	753,000
Net interest income	845,000	1,801,000	2,938,000	4,013,000
Noninterest income	30,000	58,000	98,000	138,000
Noninterest expense	899,000	1,793,000	2,683,000	3,632,000
Provision for loan losses	76,000	888,000	1,458,000	1,469,000
Pretax income	-100,000	-822,000	-1,105,000	-950,000
Income tax	-38,000	-317,000	-424,000	290,000
Net income	-62,000	-505,000	-681,000	-1,240,000

Basel measures — not reported for every quarter

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Tier 1 capital	10,454,000	10,011,000	9,541,000	9,495,000
Total capital	11,220,000	10,833,000	10,424,000	10,412,000
Risk-weighted assets	60,844,000	65,088,000	69,407,000	72,646,000