Call reports 2025
SOUTHERN BANK COMPANY, THE — 2025
What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 128,214,000 | 125,027,000 | 128,243,000 | 129,587,000 |
| Total loans | 60,409,000 | 58,391,000 | 56,616,000 | 59,067,000 |
| Allowance for loan losses | 1,605,000 | 1,850,000 | 1,136,000 | 1,109,000 |
| Securities available for sale | 38,913,000 | 39,311,000 | 43,340,000 | 40,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,706,000 | 101,760,000 | 103,599,000 | 103,284,000 |
| Interest-bearing deposits | 94,953,000 | 92,304,000 | 94,329,000 | 92,578,000 |
| Noninterest-bearing deposits | 9,753,000 | 9,456,000 | 9,270,000 | 10,706,000 |
| Equity capital | 15,705,000 | 16,168,000 | 16,626,000 | 17,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 2,889,000 | 5,841,000 | 8,783,000 | 11,864,000 |
| Interest expense | 684,000 | 1,365,000 | 2,051,000 | 2,767,000 |
| Net interest income | 2,205,000 | 4,476,000 | 6,732,000 | 9,097,000 |
| Noninterest income | 137,000 | 291,000 | 437,000 | 577,000 |
| Noninterest expense | 1,929,000 | 3,947,000 | 6,016,000 | 8,009,000 |
| Provision for loan losses | 99,000 | 348,000 | 409,000 | 417,000 |
| Pretax income | 314,000 | 472,000 | 729,000 | 1,233,000 |
| Income tax | 82,000 | 98,000 | 165,000 | 297,000 |
| Net income | 232,000 | 374,000 | 564,000 | 936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,481,000 | 18,625,000 | 18,816,000 | 19,164,000 |