FACTANKER · measured, cited, anchored official records connected

Call report 2024Q2

SOUTHERN BANK COMPANY, THE — 2024Q2

The 22 measures SOUTHERN BANK COMPANY, THE reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets113,728,000USDevidence →
Total loans59,759,000USDevidence →
Allowance for loan losses1,160,000USDevidence →
Securities available for sale37,903,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits92,706,000USDevidence →
Interest-bearing deposits81,573,000USDevidence →
Noninterest-bearing deposits11,133,000USDevidence →
Equity capital13,950,000USDevidence →

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 income5,209,000USDevidence →
Interest expense1,142,000USDevidence →
Net interest income4,067,000USDevidence →
Noninterest income365,000USDevidence →
Noninterest expense3,266,000USDevidence →
Provision for loan losses155,000USDevidence →
Pretax income1,011,000USDevidence →
Income tax244,000USDevidence →
Net income767,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital17,729,000USDevidence →