Call reports 2013
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2013
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 155,098,000 | 155,915,000 | 150,840,000 | 153,484,000 |
| Total loans | 77,289,000 | 74,849,000 | 73,421,000 | 70,814,000 |
| Allowance for loan losses | 1,560,000 | 1,332,000 | 1,277,000 | 1,228,000 |
| Securities available for sale | 36,293,000 | 36,783,000 | 38,866,000 | 38,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 777,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,847,000 | 138,875,000 | 133,667,000 | 136,298,000 |
| Interest-bearing deposits | 97,950,000 | 96,703,000 | 94,355,000 | 91,851,000 |
| Noninterest-bearing deposits | 39,897,000 | 42,172,000 | 39,312,000 | 44,447,000 |
| Equity capital | 14,990,000 | 14,851,000 | 14,934,000 | 14,358,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,275,000 | 2,557,000 | 3,823,000 | 5,083,000 |
| Interest expense | 83,000 | 150,000 | 207,000 | 255,000 |
| Net interest income | 1,192,000 | 2,407,000 | 3,616,000 | 4,828,000 |
| Noninterest income | 343,000 | 703,000 | 1,048,000 | 1,409,000 |
| Noninterest expense | 1,349,000 | 2,674,000 | 4,081,000 | 6,201,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 186,000 | 436,000 | 583,000 | 36,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 186,000 | 436,000 | 583,000 | 36,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,815,000 | 14,005,000 | 14,226,000 | 13,811,000 |
| Total capital | 14,872,000 | 15,050,000 | 15,235,000 | 14,793,000 |
| Risk-weighted assets | 84,090,000 | 81,287,000 | 78,907,000 | 78,525,000 |