SOUTHPOINT BANCSHARES, INC. Financial Reports

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:· SOUTHPOINT BANCSHARES, INC.

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SOUTHPOINT BANCSHARES, INC.

Institution Profile

Year Opened :

2016

Institution Type :

Holding Company

Reserve District :

Atlanta

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

External Auditor :

MAULDIN & JENKINS

Related Bank / Thrift	Assets	Asset Concentration
SouthPoint Bank	1,788,385	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	151,918	Total Operating Income	148
Total Liabilities	34,274	Total Operating Expenses	1,865
Total Equity Capital	117,644	Equity in Undistributed Income	16,875
		Net income (loss)	15,590

Miscellaneous
Cash Dividends Declared by Bank Holding Company	0
Total Consolidated Assets of Bank Holding Company	1,783,717

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury