Call reports 2016
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION — 2016
What SOUTH CENTRAL BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 262,557,000 | 282,634,000 | 296,799,000 | 271,694,000 |
| Total loans | 89,695,000 | 87,593,000 | 88,581,000 | 85,675,000 |
| Allowance for loan losses | 1,285,000 | 1,158,000 | 1,146,000 | 1,144,000 |
| Securities available for sale | 108,850,000 | 119,698,000 | 138,899,000 | 137,675,000 |
| Securities held to maturity | 18,048,000 | 14,165,000 | 11,165,000 | 16,167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,286,000 | 224,721,000 | 221,733,000 | 220,387,000 |
| Interest-bearing deposits | 128,329,000 | 136,007,000 | 138,418,000 | 143,317,000 |
| Noninterest-bearing deposits | 79,957,000 | 88,714,000 | 83,315,000 | 77,070,000 |
| Equity capital | 22,287,000 | 23,052,000 | 22,908,000 | 22,788,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,153,000 | 4,287,000 | 6,295,000 | 8,240,000 |
| Interest expense | 331,000 | 669,000 | 975,000 | 1,281,000 |
| Net interest income | 1,822,000 | 3,618,000 | 5,320,000 | 6,959,000 |
| Noninterest income | 266,000 | 586,000 | 931,000 | 5,839,000 |
| Noninterest expense | 1,913,000 | 3,888,000 | 5,816,000 | 7,852,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 175,000 | 316,000 | 465,000 | 4,976,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 175,000 | 316,000 | 465,000 | 4,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,682,000 | 21,786,000 | 21,936,000 | 25,169,000 |
| Total capital | 22,967,000 | 22,944,000 | 23,082,000 | 26,313,000 |
| Risk-weighted assets | 137,591,000 | 140,746,000 | 144,785,000 | 138,512,000 |