FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

SOUTHERN BANK COMPANY, THE — 2024Q1

The 22 measures SOUTHERN BANK COMPANY, THE reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets107,444,000USDevidence →
Total loans54,201,000USDevidence →
Allowance for loan losses983,000USDevidence →
Securities available for sale38,601,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits87,576,000USDevidence →
Interest-bearing deposits76,478,000USDevidence →
Noninterest-bearing deposits11,098,000USDevidence →
Equity capital13,446,000USDevidence →

Income

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

MeasureValueUnitSource
Interest income2,411,000USDevidence →
Interest expense540,000USDevidence →
Net interest income1,871,000USDevidence →
Noninterest income190,000USDevidence →
Noninterest expense1,600,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income461,000USDevidence →
Income tax120,000USDevidence →
Net income341,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital17,302,000USDevidence →