Call reports 2015
BANK OF SOUTH CAROLINA, THE — 2015
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 376,715,000 | 369,377,000 | 384,451,000 | 399,165,000 |
| Total loans | 241,893,000 | 246,911,000 | 248,268,000 | 248,443,000 |
| Allowance for loan losses | 3,334,000 | 3,408,000 | 3,289,000 | 3,418,000 |
| Securities available for sale | 107,805,000 | 103,177,000 | 116,002,000 | 119,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,581,000 | 330,595,000 | 344,444,000 | 359,673,000 |
| Interest-bearing deposits | 222,704,000 | 220,828,000 | 227,954,000 | 237,592,000 |
| Noninterest-bearing deposits | 110,877,000 | 109,767,000 | 116,490,000 | 122,081,000 |
| Equity capital | 37,711,000 | 37,588,000 | 38,685,000 | 38,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,824,000 | 7,904,000 | 12,042,000 | 16,008,000 |
| Interest expense | 94,000 | 193,000 | 294,000 | 403,000 |
| Net interest income | 3,730,000 | 7,711,000 | 11,748,000 | 15,605,000 |
| Noninterest income | 509,000 | 1,064,000 | 1,526,000 | 2,011,000 |
| Noninterest expense | 2,495,000 | 5,211,000 | 7,912,000 | 10,437,000 |
| Provision for loan losses | 5,000 | 75,000 | 83,000 | 193,000 |
| Pretax income | 1,850,000 | 3,753,000 | 5,543,000 | 7,410,000 |
| Income tax | 582,000 | 1,185,000 | 1,741,000 | 2,331,000 |
| Net income | 1,268,000 | 2,568,000 | 3,802,000 | 5,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,856,000 | 36,635,000 | 37,229,000 | 37,831,000 |
| Total capital | 39,204,000 | 40,064,000 | 40,539,000 | 41,169,000 |
| Risk-weighted assets | 267,825,000 | 274,937,000 | 266,830,000 | 266,963,000 |