Call reports 2016
BANK OF SOUTH CAROLINA, THE — 2016
What BANK OF SOUTH CAROLINA, THE 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 | 403,617,000 | 424,993,000 | 409,726,000 | 414,322,000 |
| Total loans | 257,255,000 | 276,797,000 | 271,588,000 | 264,963,000 |
| Allowance for loan losses | 3,437,000 | 3,512,000 | 3,745,000 | 3,852,000 |
| Securities available for sale | 107,354,000 | 105,359,000 | 115,083,000 | 119,979,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,527,000 | 383,212,000 | 366,390,000 | 373,445,000 |
| Interest-bearing deposits | 243,499,000 | 255,079,000 | 246,712,000 | 247,411,000 |
| Noninterest-bearing deposits | 119,028,000 | 128,133,000 | 119,678,000 | 126,035,000 |
| Equity capital | 40,035,000 | 41,087,000 | 41,688,000 | 40,308,000 |
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 | 3,928,000 | 7,970,000 | 12,251,000 | 16,413,000 |
| Interest expense | 94,000 | 187,000 | 284,000 | 379,000 |
| Net interest income | 3,834,000 | 7,783,000 | 11,967,000 | 16,034,000 |
| Noninterest income | 495,000 | 1,014,000 | 1,628,000 | 2,154,000 |
| Noninterest expense | 2,623,000 | 5,238,000 | 8,060,000 | 10,933,000 |
| Provision for loan losses | 45,000 | 185,000 | 395,000 | 570,000 |
| Pretax income | 1,849,000 | 3,722,000 | 5,586,000 | 7,164,000 |
| Income tax | 589,000 | 1,108,000 | 1,513,000 | 1,740,000 |
| Net income | 1,260,000 | 2,614,000 | 4,073,000 | 5,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,451,000 | 39,256,000 | 40,139,000 | 40,915,000 |
| Total capital | 41,909,000 | 42,789,000 | 43,776,000 | 44,544,000 |
| Risk-weighted assets | 277,277,000 | 297,603,000 | 290,822,000 | 290,091,000 |