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Filing updates from : 2025-03-14
Reporting Period - quarter ended : 2024-12-31
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Report
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Label
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Original Value
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Updated Value
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(USD, in thousands) |
|
RC
|
LESS: Allowance for loan and lease losses |
18,423 |
33,423 |
|
RC
|
Loans and leases, net of unearned income and allowance |
1,512,299 |
1,497,299 |
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RC
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Other assets (from Schedule RC-F) |
33,145 |
36,455 |
|
RC
|
Total assets |
1,786,096 |
1,774,406 |
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RC
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Retained earnings |
65,585 |
53,895 |
|
RC
|
Total bank equity capital |
150,788 |
139,098 |
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RC
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Total equity capital |
150,788 |
139,098 |
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RC
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Total liabilities and equity capital |
1,786,096 |
1,774,406 |
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RCCI
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Loans to finance commercial real estate, construction, and land development activities (not secured by real estate) included in Schedule RC-C, part I***** |
450,157 |
28,598 |
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RCF
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Net deferred tax assets** |
4,064 |
7,374 |
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RCF
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Total |
33,145 |
36,455 |
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RCR
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Retained earnings |
65,585 |
53,895 |
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RCR
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Common equity tier 1 capital before adjustments and deductions |
150,788 |
139,098 |
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RCR
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Subtotal (Non-advanced Approaches Institutions) |
145,431 |
133,741 |
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RCR
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Common equity tier 1 capital (Non-advanced Approaches Institutions) |
145,431 |
133,741 |
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RCR
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Tier 1 capital |
145,431 |
133,741 |
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RCR
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Leverage ratio |
8.11 |
7.46 |
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RCR
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Allowance for loan and lease losses includable in tier 2 capital |
18,931 |
19,378 |
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RCR
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Tier 2 capital before deductions |
18,931 |
19,378 |
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RCR
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Tier 2 capital |
18,931 |
19,378 |
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RCR
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Total capital |
164,362 |
153,119 |
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RCR
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Total risk-weighted assets (from Schedule RC-R, Part II, item 31) |
1,546,907 |
1,535,665 |
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RCR
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Common equity tier 1 capital ratio |
9.4 |
8.71 |
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RCR
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Tier1 capital ratio |
9.4 |
8.71 |
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RCR
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Total capital ratio |
10.63 |
9.97 |
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RCR
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Capital conservation buffer |
2.63 |
1.97 |
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RCR
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Eligible retained income |
0 |
1,587 |
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RCR
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LESS: Allowance for loan and lease losses (Totals From Schedule RC) |
18,423 |
33,423 |
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RCR
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LESS: Allowance for loan and lease losses (Adjustments to Totals) |
18,423 |
33,423 |
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RCR
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All other assets (Totals From Schedule RC) |
79,566 |
82,876 |
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RCR
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All other assets (100%) |
77,897 |
81,208 |
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RCR
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Total balance sheet assets (Totals From Schedule RC) |
1,786,096 |
1,774,406 |
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RCR
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Total balance sheet assets (Adjustments to Totals) |
(29,434) |
(44,434) |
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RCR
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Total balance sheet assets (100%) |
1,252,236 |
1,255,547 |
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RCR
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Total assets, derivatives, off-balance sheet items, and other items subject to risk weighting by risk-weight category (100%) |
1,304,772 |
1,308,083 |
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RCR
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Risk-weighted assets by risk-weight category (100%) |
1,304,772 |
1,308,083 |
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RCR
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Risk-weighted assets base for purposes of calculating the allowance for loan and lease losses 1.25 percent threshold |
1,546,907 |
1,550,218 |
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RCR
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Risk-weighted assets before deductions for excess allowance of loan and lease losses and allocated risk transfer risk reserve |
1,546,907 |
1,550,218 |
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RCR
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LESS: Excess allowance for loan and lease losses |
0 |
14,553 |
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RCR
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Total risk-weighted assets |
1,546,907 |
1,535,665 |
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RI
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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) |
8,400 |
23,400 |
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RI
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Income (loss) before unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations |
21,794 |
6,794 |
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RI
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Income (loss) before applicable income taxes and discontinued operations |
21,794 |
6,794 |
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RI
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Applicable income taxes |
4,779 |
1,468 |
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RI
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Income (loss) before discontinued operations |
17,015 |
5,326 |
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RI
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Net income (loss) attributable to bank and noncontrolling (minority) interests |
17,015 |
5,326 |
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RI
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Net income (loss) attributable to bank |
17,015 |
5,326 |
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RIA
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Net income (loss) attributable to bank |
17,015 |
5,326 |
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RIA
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LESS: Cash dividends declared on common stock |
740 |
3,739 |
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RIA
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Other transactions with stockholders (including a parent holding company)* |
(2,738) |
260 |
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RIA
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Total bank equity capital end of current period |
150,789 |
139,099 |
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RIBII
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Provision for credit losses (Loans and Leases Held for Investment) |
7,891 |
22,891 |
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RIBII
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Balance end of current period (Loans and Leases Held for Investment) |
18,422 |
33,422 |
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RIC
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Construction loans (Amortized Cost) |
219,496 |
214,321 |
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RIC
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Construction loans (Allowance Balance) |
1,964 |
1,501 |
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RIC
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Commercial real estate loans (Amortized Cost) |
511,862 |
528,682 |
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RIC
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Commercial real estate loans (Allowance Balance) |
3,954 |
4,692 |
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RIC
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Residential real estate loans (Amortized Cost) |
291,421 |
280,188 |
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RIC
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Residential real estate loans (Allowance Balance) |
1,429 |
1,669 |
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RIC
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Construction loans (Amortized Cost) |
509,737 |
498,788 |
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RIC
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Construction loans (Allowance Balance) |
4,794 |
25,508 |
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RIC
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Other consumer loans (Amortized Cost) |
8,313 |
8,473 |
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RIC
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Other consumer loans (Allowance Balance) |
42 |
53 |
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RIC
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Unallocated (Allowance Balance) |
6,239 |
0 |
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RIC
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Total (Amortized Cost) |
1,540,829 |
1,530,452 |
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RIC
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Total (Allowance Balance) |
18,422 |
33,423 |
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RIE
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capital transfer between holding co. and bank |
(2,999) |
0 |
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:· bank filing updates :· southpoint bank 
