Home > Southern Community Bank, Atlantic > Assets and Liabilities
Southern Community Bank, Atlantic, Assets and Liabilities
| 2003-06-30 | Rank | |
| # of Employees: | 33 | 4,723 |
| Assets and Liabilities | ||
| Total Assets: | $137,675,000 | 3,739 |
| Cash and due from depository institutions | $5,860,000 | 4,723 |
| Interest-bearing balances | $12,000 | 6,634 |
| Securities | $9,633,000 | 6,578 |
| Federal funds sold & reverse repurchase agreements | $2,406,000 | 4,469 |
| Net loans & leases | $115,280,000 | 2,909 |
| Loan loss allowance | $1,290,000 | 3,225 |
| Trading account assets | $0 | 170 |
| Bank premises and fixed assets | $2,339,000 | 3,751 |
| Other real estate owned | $0 | 4,723 |
| Goodwill and other intangibles | $970,000 | 1,581 |
| All other assets | $1,187,000 | 5,970 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $137,675,000 | 3,739 |
| Total liabilities | $126,611,000 | 3,666 |
| Total deposits | $124,572,000 | 3,448 |
| Interest-bearing deposits | $107,781,000 | 3,381 |
| Deposits held in domestic offices | $124,572,000 | 3,444 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,737,000 | 2,180 |
| Trading liabilities | $0 | 74 |
| Other borrowed funds | $0 | 5,772 |
| Subordinated debt | $0 | 266 |
| All other liabilities | $302,000 | 6,482 |
| Total equity capital | $11,064,000 | 4,490 |
| Total bank equity capital | $11,064,000 | 4,490 |
| Perpetual preferred stock | $0 | 140 |
| Common stock | $3,679,000 | 1,055 |
| Surplus | $5,617,000 | 3,025 |
| Undivided profits | $1,768,000 | 6,873 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $33,000 | 7,689 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,408 |
| Income earned, not collected on loans | $428,000 | 5,917 |
| Earning assets | $127,331,000 | 3,700 |
| Long-term assets (5+ years) | $8,777,000 | 5,150 |
| Average Assets, year-to-date | $121,611,000 | 4,061 |
| Average Assets, quarterly | $131,193,500 | 3,861 |
| Volatile liabilities | $23,640,000 | 3,398 |
| Insider loans | $11,109,000 | 419 |
| FHLB advances | $0 | 5,105 |
| Loans and leases held for sale | $0 | 2,044 |
| Unused loan commitments | $39,753,000 | 1,709 |
| Tier 1 (core) risk-based capital | $10,028,000 | 4,624 |
| Tier 2 risk-based capital | $1,290,000 | 2,966 |
| Total risk weighted assets | $132,818,000 | 2,709 |
| Total unused commitments | $39,753,000 | 1,719 |
| Derivatives | $0 | 623 |
| 2003-03-31 | Rank | |
| # of Employees: | 32 | 4,788 |
| Assets and Liabilities | ||
| Total Assets: | $124,712,000 | 3,995 |
| Cash and due from depository institutions | $4,818,000 | 4,788 |
| Interest-bearing balances | $12,000 | 6,596 |
| Securities | $7,965,000 | 6,979 |
| Federal funds sold & reverse repurchase agreements | $5,694,000 | 2,906 |
| Net loans & leases | $101,674,000 | 3,192 |
| Loan loss allowance | $1,133,000 | 3,497 |
| Trading account assets | $0 | 169 |
| Bank premises and fixed assets | $2,370,000 | 3,675 |
| Other real estate owned | $0 | 4,788 |
| Goodwill and other intangibles | $970,000 | 1,557 |
| All other assets | $1,221,000 | 5,856 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $124,712,000 | 3,995 |
| Total liabilities | $113,953,000 | 3,940 |
| Total deposits | $111,864,000 | 3,741 |
| Interest-bearing deposits | $94,109,000 | 3,803 |
| Deposits held in domestic offices | $111,864,000 | 3,738 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,655,000 | 2,086 |
| Trading liabilities | $0 | 79 |
| Other borrowed funds | $0 | 5,712 |
| Subordinated debt | $0 | 265 |
| All other liabilities | $434,000 | 5,538 |
| Total equity capital | $10,759,000 | 4,509 |
| Total bank equity capital | $10,759,000 | 4,509 |
| Perpetual preferred stock | $0 | 141 |
| Common stock | $3,679,000 | 1,053 |
| Surplus | $5,617,000 | 2,976 |
| Undivided profits | $1,463,000 | 7,122 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $33,000 | 7,702 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,422 |
| Income earned, not collected on loans | $469,000 | 5,620 |
| Earning assets | $115,345,000 | 3,963 |
| Long-term assets (5+ years) | $6,698,000 | 5,623 |
| Average Assets, year-to-date | $113,579,000 | 4,271 |
| Average Assets, quarterly | $113,579,000 | 4,271 |
| Volatile liabilities | $20,430,000 | 3,719 |
| Insider loans | $9,551,000 | 501 |
| FHLB advances | $0 | 5,057 |
| Loans and leases held for sale | $0 | 1,961 |
| Unused loan commitments | $27,669,000 | 2,176 |
| Tier 1 (core) risk-based capital | $9,729,000 | 4,661 |
| Tier 2 risk-based capital | $1,133,000 | 3,217 |
| Total risk weighted assets | $114,705,000 | 3,039 |
| Total unused commitments | $27,669,000 | 2,183 |
| Derivatives | $0 | 578 |
| 2002-12-31 | Rank | |
| # of Employees: | 33 | 4,697 |
| Assets and Liabilities | ||
| Total Assets: | $102,446,000 | 4,600 |
| Cash and due from depository institutions | $3,704,000 | 4,697 |
| Interest-bearing balances | $12,000 | 6,569 |
| Securities | $8,419,000 | 6,905 |
| Federal funds sold & reverse repurchase agreements | $0 | 6,991 |
| Net loans & leases | $85,588,000 | 3,681 |
| Loan loss allowance | $953,000 | 3,931 |
| Trading account assets | $0 | 170 |
| Bank premises and fixed assets | $2,587,000 | 3,415 |
| Other real estate owned | $0 | 4,697 |
| Goodwill and other intangibles | $970,000 | 1,531 |
| All other assets | $1,178,000 | 6,027 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $102,446,000 | 4,600 |
| Total liabilities | $91,879,000 | 4,587 |
| Total deposits | $88,137,000 | 4,463 |
| Interest-bearing deposits | $73,730,000 | 4,539 |
| Deposits held in domestic offices | $88,137,000 | 4,458 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,411,000 | 1,717 |
| Trading liabilities | $0 | 75 |
| Other borrowed funds | $0 | 5,759 |
| Subordinated debt | $0 | 258 |
| All other liabilities | $331,000 | 6,400 |
| Total equity capital | $10,567,000 | 4,521 |
| Total bank equity capital | $10,567,000 | 4,521 |
| Perpetual preferred stock | $0 | 142 |
| Common stock | $3,679,000 | 1,041 |
| Surplus | $5,617,000 | 2,941 |
| Undivided profits | $1,271,000 | 7,333 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $50,000 | 7,402 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,384 |
| Income earned, not collected on loans | $399,000 | 6,368 |
| Earning assets | $94,019,000 | 4,588 |
| Long-term assets (5+ years) | $5,022,000 | 6,069 |
| Average Assets, year-to-date | $90,239,400 | 4,852 |
| Average Assets, quarterly | $97,233,000 | 4,727 |
| Volatile liabilities | $21,971,000 | 3,505 |
| Insider loans | $7,221,000 | 684 |
| FHLB advances | $0 | 5,074 |
| Loans and leases held for sale | $0 | 1,889 |
| Unused loan commitments | $43,677,000 | 1,495 |
| Tier 1 (core) risk-based capital | $9,239,000 | 4,792 |
| Tier 2 risk-based capital | $953,000 | 3,652 |
| Total risk weighted assets | $98,809,000 | 3,388 |
| Total unused commitments | $43,677,000 | 1,497 |
| Derivatives | $0 | 527 |
| 2001-12-31 | Rank | |
| # of Employees: | 32 | 4,798 |
| Assets and Liabilities | ||
| Total Assets: | $79,005,000 | 5,390 |
| Cash and due from depository institutions | $3,744,000 | 4,798 |
| Interest-bearing balances | $0 | 7,015 |
| Securities | $7,792,000 | 7,092 |
| Federal funds sold & reverse repurchase agreements | $9,078,000 | 1,619 |
| Net loans & leases | $54,342,000 | 4,994 |
| Loan loss allowance | $710,000 | 4,668 |
| Trading account assets | $0 | 182 |
| Bank premises and fixed assets | $2,516,000 | 3,431 |
| Other real estate owned | $0 | 4,798 |
| Goodwill and other intangibles | $835,000 | 1,573 |
| All other assets | $698,000 | 7,565 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $79,005,000 | 5,390 |
| Total liabilities | $68,815,000 | 5,497 |
| Total deposits | $67,004,000 | 5,316 |
| Interest-bearing deposits | $56,996,000 | 5,311 |
| Deposits held in domestic offices | $67,004,000 | 5,312 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,636,000 | 2,313 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $0 | 5,675 |
| Subordinated debt | $0 | 241 |
| All other liabilities | $175,000 | 8,150 |
| Total equity capital | $10,190,000 | 4,435 |
| Total bank equity capital | $10,190,000 | 4,435 |
| Perpetual preferred stock | $0 | 158 |
| Common stock | $3,679,000 | 1,039 |
| Surplus | $5,617,000 | 2,832 |
| Undivided profits | $894,000 | 7,692 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $18,000 | 8,094 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,476 |
| Income earned, not collected on loans | $327,000 | 7,301 |
| Earning assets | $71,212,000 | 5,452 |
| Long-term assets (5+ years) | $4,885,000 | 6,186 |
| Average Assets, year-to-date | $66,693,000 | 5,782 |
| Average Assets, quarterly | $76,523,000 | 5,463 |
| Volatile liabilities | $11,588,000 | 5,219 |
| Insider loans | $4,123,000 | 1,192 |
| FHLB advances | $0 | 4,938 |
| Loans and leases held for sale | $0 | 1,749 |
| Unused loan commitments | $13,774,000 | 3,221 |
| Tier 1 (core) risk-based capital | $9,054,000 | 4,719 |
| Tier 2 risk-based capital | $710,000 | 4,390 |
| Total risk weighted assets | $61,148,000 | 4,782 |
| Total unused commitments | $13,774,000 | 3,230 |
| Derivatives | $0 | 450 |
| 2000-12-31 | Rank | |
| # of Employees: | 23 | 6,049 |
| Assets and Liabilities | ||
| Total Assets: | $50,430,000 | 6,819 |
| Cash and due from depository institutions | $2,168,000 | 6,049 |
| Interest-bearing balances | $0 | 6,829 |
| Securities | $5,347,000 | 8,233 |
| Federal funds sold & reverse repurchase agreements | $10,227,000 | 1,162 |
| Net loans & leases | $30,275,000 | 6,792 |
| Loan loss allowance | $416,000 | 6,324 |
| Trading account assets | $0 | 175 |
| Bank premises and fixed assets | $1,997,000 | 4,004 |
| Other real estate owned | $0 | 6,049 |
| Goodwill and other intangibles | $0 | 3,145 |
| All other assets | $416,000 | 8,553 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $50,430,000 | 6,819 |
| Total liabilities | $40,938,000 | 7,115 |
| Total deposits | $39,267,000 | 7,031 |
| Interest-bearing deposits | $33,172,000 | 7,042 |
| Deposits held in domestic offices | $39,267,000 | 7,030 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,494,000 | 2,498 |
| Trading liabilities | $0 | 77 |
| Other borrowed funds | $0 | 5,732 |
| Subordinated debt | $0 | 239 |
| All other liabilities | $177,000 | 8,552 |
| Total equity capital | $9,492,000 | 4,591 |
| Total bank equity capital | $9,492,000 | 4,591 |
| Perpetual preferred stock | $0 | 178 |
| Common stock | $3,679,000 | 1,033 |
| Surplus | $4,787,000 | 3,165 |
| Undivided profits | $1,026,000 | 7,641 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $0 | 8,688 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,385 |
| Income earned, not collected on loans | $164,000 | 8,360 |
| Earning assets | $45,849,000 | 6,844 |
| Long-term assets (5+ years) | $1,495,000 | 7,644 |
| Average Assets, year-to-date | $43,120,600 | 7,170 |
| Average Assets, quarterly | $48,567,500 | 6,900 |
| Volatile liabilities | $11,026,000 | 5,349 |
| Insider loans | $4,572,000 | 1,048 |
| FHLB advances | $0 | 771 |
| Loans and leases held for sale | $0 | 1,442 |
| Unused loan commitments | $11,359,000 | 3,447 |
| Tier 1 (core) risk-based capital | $9,406,000 | 4,510 |
| Tier 2 risk-based capital | $416,000 | 6,008 |
| Total risk weighted assets | $35,760,900 | 6,437 |
| Total unused commitments | $11,359,000 | 3,447 |
| Derivatives | $0 | 481 |
| 1999-12-31 | Rank | |
| # of Employees: | 14 | 7,887 |
| Assets and Liabilities | ||
| Total Assets: | $36,192,000 | 7,966 |
| Cash and due from depository institutions | $1,473,000 | 7,887 |
| Interest-bearing balances | $0 | 6,854 |
| Securities | $4,438,000 | 8,874 |
| Federal funds sold & reverse repurchase agreements | $4,875,000 | 1,963 |
| Net loans & leases | $24,047,000 | 7,451 |
| Loan loss allowance | $305,000 | 7,331 |
| Trading account assets | $0 | 165 |
| Bank premises and fixed assets | $928,000 | 6,257 |
| Other real estate owned | $0 | 7,887 |
| Goodwill and other intangibles | $0 | 3,276 |
| All other assets | $431,000 | 8,615 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $36,192,000 | 7,966 |
| Total liabilities | $29,550,000 | 8,222 |
| Total deposits | $29,046,000 | 8,111 |
| Interest-bearing deposits | $25,195,000 | 8,029 |
| Deposits held in domestic offices | $29,046,000 | 8,109 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $394,000 | 3,605 |
| Trading liabilities | $0 | 65 |
| Other borrowed funds | $0 | 5,751 |
| Subordinated debt | $0 | 242 |
| All other liabilities | $110,000 | 9,253 |
| Total equity capital | $6,642,000 | 5,865 |
| Total bank equity capital | $6,642,000 | 5,865 |
| Perpetual preferred stock | $0 | 193 |
| Common stock | $3,679,000 | 1,051 |
| Surplus | $2,200,000 | 5,212 |
| Undivided profits | $763,000 | 8,030 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $0 | 9,001 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,502 |
| Income earned, not collected on loans | $114,000 | 8,962 |
| Earning assets | $33,360,000 | 7,916 |
| Long-term assets (5+ years) | $1,309,000 | 8,094 |
| Average Assets, year-to-date | $25,597,600 | 8,755 |
| Average Assets, quarterly | $33,020,500 | 8,203 |
| Volatile liabilities | $7,302,000 | 6,332 |
| Insider loans | $3,457,000 | 1,375 |
| FHLB advances | $0 | 802 |
| Loans and leases held for sale | $0 | 1,487 |
| Unused loan commitments | $8,024,000 | 4,294 |
| Tier 1 (core) risk-based capital | $6,589,000 | 5,917 |
| Tier 2 risk-based capital | $305,000 | 6,983 |
| Total risk weighted assets | $27,248,100 | 7,284 |
| Total unused commitments | $8,024,000 | 4,298 |
| Derivatives | $0 | 488 |
| 1998-12-31 | Rank | |
| # of Employees: | 10 | 8,990 |
| Assets and Liabilities | ||
| Total Assets: | $12,800,000 | 10,077 |
| Cash and due from depository institutions | $1,460,000 | 8,990 |
| Interest-bearing balances | $0 | 6,728 |
| Securities | $2,488,000 | 9,658 |
| Federal funds sold & reverse repurchase agreements | $3,886,000 | 4,131 |
| Net loans & leases | $4,070,000 | 10,210 |
| Loan loss allowance | $29,000 | 10,262 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $780,000 | 6,650 |
| Other real estate owned | $0 | 8,990 |
| Goodwill and other intangibles | $0 | 3,445 |
| All other assets | $116,000 | 10,252 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $12,800,000 | 10,077 |
| Total liabilities | $5,671,000 | 10,345 |
| Total deposits | $5,607,000 | 10,311 |
| Interest-bearing deposits | $4,224,000 | 10,274 |
| Deposits held in domestic offices | $5,607,000 | 10,311 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,214 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $0 | 5,274 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $64,000 | 10,103 |
| Total equity capital | $7,129,000 | 5,695 |
| Total bank equity capital | $7,129,000 | 5,695 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $3,679,000 | 1,008 |
| Surplus | $2,200,000 | 5,107 |
| Undivided profits | $1,250,000 | 7,888 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $0 | 9,467 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,642 |
| Income earned, not collected on loans | $17,000 | 10,197 |
| Earning assets | $10,444,000 | 10,138 |
| Long-term assets (5+ years) | $0 | 9,173 |
| Average Assets, year-to-date | $12,800,000 | 10,038 |
| Average Assets, quarterly | $12,800,000 | 10,062 |
| Volatile liabilities | $1,359,000 | 9,522 |
| Insider loans | $1,210,000 | 3,107 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $1,874,000 | 7,600 |
| Tier 1 (core) risk-based capital | $7,078,000 | 5,545 |
| Tier 2 risk-based capital | $29,000 | 10,223 |
| Total risk weighted assets | $6,456,600 | 10,094 |
| Total unused commitments | $1,874,000 | 7,611 |
| Derivatives | $0 | 527 |