Call reports 2006
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2006
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 165,786,000 | 170,719,000 | 170,391,000 | 175,317,000 |
| Total loans | 104,962,000 | 106,653,000 | 110,032,000 | 112,406,000 |
| Allowance for loan losses | 1,317,000 | 1,346,000 | 1,376,000 | 1,405,000 |
| Securities available for sale | 44,327,000 | 46,140,000 | 44,513,000 | 44,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,017,000 | 145,239,000 | 143,546,000 | 149,318,000 |
| Interest-bearing deposits | 114,397,000 | 122,060,000 | 119,543,000 | 123,980,000 |
| Noninterest-bearing deposits | 23,620,000 | 23,179,000 | 24,003,000 | 25,338,000 |
| Equity capital | 24,216,000 | 24,363,000 | 24,978,000 | 24,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,353,000 | 4,849,000 | 7,441,000 | 10,167,000 |
| Interest expense | 599,000 | 1,345,000 | 2,180,000 | 3,092,000 |
| Net interest income | 1,754,000 | 3,504,000 | 5,261,000 | 7,075,000 |
| Noninterest income | 376,000 | 778,000 | 1,224,000 | 1,598,000 |
| Noninterest expense | 1,302,000 | 2,560,000 | 3,817,000 | 5,091,000 |
| Provision for loan losses | 0 | 30,000 | 170,000 | 255,000 |
| Pretax income | 828,000 | 1,692,000 | 2,498,000 | 3,327,000 |
| Income tax | 274,000 | 554,000 | 842,000 | 1,127,000 |
| Net income | 554,000 | 1,138,000 | 1,656,000 | 2,200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,501,000 | 20,902,000 | 21,269,000 | 20,614,000 |
| Total capital | 21,750,000 | 22,166,000 | 22,590,000 | 21,975,000 |
| Risk-weighted assets | 99,819,000 | 101,044,000 | 105,642,000 | 108,815,000 |