Call reports 2023
BANK OF SOUTH CAROLINA, THE — 2023
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 646,413,000 | 648,276,000 | 627,363,000 | 633,407,000 |
| Total loans | 335,068,000 | 344,208,000 | 340,178,000 | 349,122,000 |
| Allowance for loan losses | 4,289,000 | 3,690,000 | 3,715,000 | 3,722,000 |
| Securities available for sale | 267,440,000 | 255,697,000 | 254,291,000 | 241,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 588,670,000 | 566,258,000 | 521,303,000 | 526,742,000 |
| Interest-bearing deposits | 377,397,000 | 359,943,000 | 329,433,000 | 344,689,000 |
| Noninterest-bearing deposits | 211,273,000 | 206,315,000 | 191,870,000 | 182,053,000 |
| Equity capital | 43,025,000 | 41,880,000 | 40,762,000 | 46,562,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,795,000 | 11,980,000 | 18,326,000 | 24,907,000 |
| Interest expense | 931,000 | 2,351,000 | 3,971,000 | 5,793,000 |
| Net interest income | 4,864,000 | 9,629,000 | 14,355,000 | 19,114,000 |
| Noninterest income | 388,000 | 812,000 | 1,228,000 | 1,631,000 |
| Noninterest expense | 3,265,000 | 6,715,000 | 10,167,000 | 13,501,000 |
| Provision for loan losses | 45,000 | -555,000 | -555,000 | -555,000 |
| Pretax income | 1,942,000 | 3,681,000 | 5,371,000 | 7,199,000 |
| Income tax | 278,000 | 669,000 | 1,050,000 | 1,466,000 |
| Net income | 1,664,000 | 3,012,000 | 4,321,000 | 5,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,406,000 | 59,503,000 | 59,338,000 | 59,525,000 |