Call reports 2021
BANK OF SOUTH CAROLINA, THE — 2021
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 553,816,000 | 581,591,000 | 691,577,000 | 678,959,000 |
| Total loans | 335,754,000 | 324,495,000 | 318,831,000 | 309,405,000 |
| Allowance for loan losses | 4,296,000 | 4,306,000 | 4,368,000 | 4,377,000 |
| Securities available for sale | 142,667,000 | 163,040,000 | 193,193,000 | 212,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 486,335,000 | 514,024,000 | 624,079,000 | 610,462,000 |
| Interest-bearing deposits | 296,737,000 | 322,527,000 | 337,463,000 | 354,641,000 |
| Noninterest-bearing deposits | 189,597,000 | 191,497,000 | 286,617,000 | 255,821,000 |
| Equity capital | 52,528,000 | 53,917,000 | 53,875,000 | 53,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,026,000 | 9,920,000 | 14,534,000 | 19,267,000 |
| Interest expense | 57,000 | 97,000 | 136,000 | 174,000 |
| Net interest income | 4,969,000 | 9,823,000 | 14,398,000 | 19,093,000 |
| Noninterest income | 1,072,000 | 2,129,000 | 2,931,000 | 3,665,000 |
| Noninterest expense | 3,453,000 | 7,110,000 | 10,432,000 | 13,792,000 |
| Provision for loan losses | 120,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 2,468,000 | 4,722,000 | 7,044,000 | 9,113,000 |
| Income tax | 580,000 | 1,104,000 | 1,638,000 | 2,112,000 |
| Net income | 1,888,000 | 3,618,000 | 5,406,000 | 7,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,202,000 | 53,977,000 | 54,814,000 | 55,460,000 |