Call reports 2022
BANK OF SOUTH CAROLINA, THE — 2022
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 664,733,000 | 655,179,000 | 630,172,000 | 653,333,000 |
| Total loans | 317,533,000 | 320,627,000 | 328,940,000 | 331,848,000 |
| Allowance for loan losses | 4,305,000 | 4,307,000 | 4,329,000 | 4,291,000 |
| Securities available for sale | 257,906,000 | 270,703,000 | 269,386,000 | 271,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 604,929,000 | 598,947,000 | 579,577,000 | 600,071,000 |
| Interest-bearing deposits | 346,109,000 | 357,391,000 | 344,426,000 | 376,629,000 |
| Noninterest-bearing deposits | 258,820,000 | 241,556,000 | 235,152,000 | 223,442,000 |
| Equity capital | 44,487,000 | 41,118,000 | 35,535,000 | 38,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,525,000 | 9,417,000 | 14,597,000 | 20,070,000 |
| Interest expense | 35,000 | 72,000 | 113,000 | 303,000 |
| Net interest income | 4,490,000 | 9,345,000 | 14,484,000 | 19,767,000 |
| Noninterest income | 499,000 | 1,069,000 | 1,515,000 | 1,883,000 |
| Noninterest expense | 3,121,000 | 6,471,000 | 9,607,000 | 12,852,000 |
| Provision for loan losses | -75,000 | -75,000 | -75,000 | -75,000 |
| Pretax income | 2,005,000 | 4,080,000 | 6,529,000 | 8,938,000 |
| Income tax | 461,000 | 928,000 | 1,480,000 | 2,016,000 |
| Net income | 1,544,000 | 3,152,000 | 5,049,000 | 6,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,269,000 | 56,892,000 | 57,840,000 | 58,742,000 |
| Total capital | — | — | 62,214,000 | — |
| Risk-weighted assets | — | — | 371,337,000 | — |