Call reports 2010
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2010
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 173,748,000 | 169,900,000 | 165,887,000 | 163,049,000 |
| Total loans | 116,365,000 | 113,326,000 | 112,368,000 | 105,882,000 |
| Allowance for loan losses | 3,697,000 | 3,722,000 | 4,137,000 | 3,072,000 |
| Securities available for sale | 20,426,000 | 24,433,000 | 23,525,000 | 22,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,176,000 | 150,343,000 | 146,754,000 | 145,866,000 |
| Interest-bearing deposits | 123,382,000 | 123,775,000 | 123,901,000 | 123,401,000 |
| Noninterest-bearing deposits | 29,794,000 | 26,568,000 | 22,853,000 | 22,465,000 |
| Equity capital | 18,364,000 | 17,334,000 | 16,936,000 | 15,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,050,000 | 4,003,000 | 5,885,000 | 7,659,000 |
| Interest expense | 386,000 | 759,000 | 1,107,000 | 1,406,000 |
| Net interest income | 1,664,000 | 3,244,000 | 4,778,000 | 6,253,000 |
| Noninterest income | 239,000 | -726,000 | -742,000 | -575,000 |
| Noninterest expense | 1,341,000 | 2,675,000 | 3,964,000 | 5,005,000 |
| Provision for loan losses | 2,163,000 | 3,238,000 | 3,933,000 | 5,208,000 |
| Pretax income | -1,601,000 | -3,395,000 | -3,857,000 | -4,531,000 |
| Income tax | -640,000 | -1,348,000 | -1,368,000 | -471,000 |
| Net income | -961,000 | -2,047,000 | -2,489,000 | -4,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,142,000 | 15,835,000 | 15,658,000 | 14,193,000 |
| Total capital | 18,551,000 | 17,194,000 | 16,972,000 | 15,432,000 |
| Risk-weighted assets | 110,452,000 | 106,327,000 | 102,291,000 | 97,314,000 |