|
 |
|
|
Filing updates from : 2025-03-17
Reporting Period - quarter ended : 2024-12-31
|
Report
|
Label
|
Original Value
|
Updated Value
|
|
(USD, in thousands) |
|
RC
|
LESS: Allowance for loan and lease losses |
33,423 |
32,423 |
|
RC
|
Loans and leases, net of unearned income and allowance |
1,497,299 |
1,498,299 |
|
RC
|
Other assets (from Schedule RC-F) |
36,455 |
36,235 |
|
RC
|
Total assets |
1,774,406 |
1,775,186 |
|
RC
|
Retained earnings |
53,895 |
54,675 |
|
RC
|
Total bank equity capital |
139,098 |
139,878 |
|
RC
|
Total equity capital |
139,098 |
139,878 |
|
RC
|
Total liabilities and equity capital |
1,774,406 |
1,775,186 |
|
RCF
|
Net deferred tax assets** |
7,374 |
7,154 |
|
RCF
|
Total |
36,455 |
36,235 |
|
RCR
|
Retained earnings |
53,895 |
54,675 |
|
RCR
|
Common equity tier 1 capital before adjustments and deductions |
139,098 |
139,878 |
|
RCR
|
Subtotal (Non-advanced Approaches Institutions) |
133,741 |
134,521 |
|
RCR
|
Common equity tier 1 capital (Non-advanced Approaches Institutions) |
133,741 |
134,521 |
|
RCR
|
Tier 1 capital |
133,741 |
134,521 |
|
RCR
|
Leverage ratio |
7.46 |
7.5 |
|
RCR
|
Allowance for loan and lease losses includable in tier 2 capital |
19,378 |
19,375 |
|
RCR
|
Tier 2 capital before deductions |
19,378 |
19,375 |
|
RCR
|
Tier 2 capital |
19,378 |
19,375 |
|
RCR
|
Total capital |
153,119 |
153,896 |
|
RCR
|
Total risk-weighted assets (from Schedule RC-R, Part II, item 31) |
1,535,665 |
1,536,440 |
|
RCR
|
Common equity tier 1 capital ratio |
8.71 |
8.76 |
|
RCR
|
Tier1 capital ratio |
8.71 |
8.76 |
|
RCR
|
Total capital ratio |
9.97 |
10.02 |
|
RCR
|
Capital conservation buffer |
1.97 |
2.02 |
|
RCR
|
Eligible retained income |
1,587 |
2,366 |
|
RCR
|
LESS: Allowance for loan and lease losses (Totals From Schedule RC) |
33,423 |
32,423 |
|
RCR
|
LESS: Allowance for loan and lease losses (Adjustments to Totals) |
33,423 |
32,423 |
|
RCR
|
All other assets (Totals From Schedule RC) |
82,876 |
82,656 |
|
RCR
|
All other assets (100%) |
81,208 |
80,987 |
|
RCR
|
Total balance sheet assets (Totals From Schedule RC) |
1,774,406 |
1,775,186 |
|
RCR
|
Total balance sheet assets (Adjustments to Totals) |
(44,434) |
(43,434) |
|
RCR
|
Total balance sheet assets (100%) |
1,255,547 |
1,255,326 |
|
RCR
|
Total assets, derivatives, off-balance sheet items, and other items subject to risk weighting by risk-weight category (100%) |
1,308,083 |
1,307,862 |
|
RCR
|
Risk-weighted assets by risk-weight category (100%) |
1,308,083 |
1,307,862 |
|
RCR
|
Risk-weighted assets base for purposes of calculating the allowance for loan and lease losses 1.25 percent threshold |
1,550,218 |
1,549,997 |
|
RCR
|
Risk-weighted assets before deductions for excess allowance of loan and lease losses and allocated risk transfer risk reserve |
1,550,218 |
1,549,997 |
|
RCR
|
LESS: Excess allowance for loan and lease losses |
14,553 |
13,557 |
|
RCR
|
Total risk-weighted assets |
1,535,665 |
1,536,440 |
|
RI
|
Provision for loan and lease losses(Institutions that have adopted ASU-2016-13 should report the provisions for credit losses on all financial assets that fall within the scope of the standard) |
23,400 |
22,400 |
|
RI
|
Income (loss) before unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations |
6,794 |
7,794 |
|
RI
|
Income (loss) before applicable income taxes and discontinued operations |
6,794 |
7,794 |
|
RI
|
Applicable income taxes |
1,468 |
1,689 |
|
RI
|
Income (loss) before discontinued operations |
5,326 |
6,105 |
|
RI
|
Net income (loss) attributable to bank and noncontrolling (minority) interests |
5,326 |
6,105 |
|
RI
|
Net income (loss) attributable to bank |
5,326 |
6,105 |
|
RIA
|
Net income (loss) attributable to bank |
5,326 |
6,105 |
|
RIA
|
Total bank equity capital end of current period |
139,099 |
139,878 |
|
RIBII
|
Provision for credit losses (Loans and Leases Held for Investment) |
22,891 |
21,891 |
|
RIBII
|
Balance end of current period (Loans and Leases Held for Investment) |
33,422 |
32,422 |
|
RIC
|
Construction loans (Allowance Balance) |
25,508 |
24,508 |
|
RIC
|
Total (Allowance Balance) |
33,423 |
32,423 |
|
|
:· bank filing updates :· southpoint bank 
