Call reports 2020
BANK OF SOUTH CAROLINA, THE — 2020
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 499,968,000 | 542,742,000 | 528,848,000 | 532,248,000 |
| Total loans | 283,751,000 | 321,531,000 | 333,481,000 | 333,769,000 |
| Allowance for loan losses | 4,014,000 | 4,111,000 | 4,154,000 | 4,186,000 |
| Securities available for sale | 92,416,000 | 108,906,000 | 135,308,000 | 134,820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,912,000 | 475,646,000 | 460,925,000 | 463,936,000 |
| Interest-bearing deposits | 248,171,000 | 298,539,000 | 282,945,000 | 294,750,000 |
| Noninterest-bearing deposits | 186,741,000 | 177,107,000 | 177,979,000 | 169,185,000 |
| Equity capital | 51,028,000 | 52,655,000 | 53,447,000 | 53,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,534,000 | 9,130,000 | 13,846,000 | 18,693,000 |
| Interest expense | 94,000 | 171,000 | 243,000 | 306,000 |
| Net interest income | 4,440,000 | 8,959,000 | 13,603,000 | 18,387,000 |
| Noninterest income | 559,000 | 1,296,000 | 2,380,000 | 3,707,000 |
| Noninterest expense | 2,932,000 | 6,153,000 | 9,549,000 | 13,140,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 240,000 |
| Pretax income | 2,067,000 | 4,102,000 | 6,394,000 | 8,724,000 |
| Income tax | 473,000 | 942,000 | 1,471,000 | 2,009,000 |
| Net income | 1,594,000 | 3,160,000 | 4,923,000 | 6,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,761,000 | 50,489,000 | 51,318,000 | 52,264,000 |