Call reports 2024
BANK OF SOUTH CAROLINA, THE — 2024
What BANK OF SOUTH CAROLINA, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 614,199,000 | 582,358,000 | 570,797,000 | 556,766,000 |
| Total loans | 359,911,000 | 363,057,000 | 357,425,000 | 369,100,000 |
| Allowance for loan losses | 3,723,000 | 3,758,000 | 3,714,000 | 3,680,000 |
| Securities available for sale | 219,436,000 | 184,799,000 | 179,010,000 | 157,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 527,661,000 | 509,866,000 | 503,967,000 | 491,142,000 |
| Interest-bearing deposits | 350,288,000 | 339,651,000 | 338,211,000 | 330,373,000 |
| Noninterest-bearing deposits | 177,373,000 | 170,215,000 | 165,756,000 | 160,769,000 |
| Equity capital | 46,895,000 | 48,164,000 | 52,334,000 | 51,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,706,000 | 13,644,000 | 20,620,000 | 27,588,000 |
| Interest expense | 1,862,000 | 3,427,000 | 4,993,000 | 6,400,000 |
| Net interest income | 4,844,000 | 10,217,000 | 15,627,000 | 21,188,000 |
| Noninterest income | 432,000 | 928,000 | 1,409,000 | 1,864,000 |
| Noninterest expense | 3,390,000 | 7,062,000 | 10,540,000 | 14,104,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 75,000 |
| Pretax income | 1,862,000 | 3,931,000 | 6,344,000 | 8,771,000 |
| Income tax | 430,000 | 904,000 | 1,464,000 | 2,025,000 |
| Net income | 1,432,000 | 3,027,000 | 4,880,000 | 6,746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,857,000 | 60,452,000 | 61,130,000 | 61,696,000 |