Call reports 2014
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2014
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 549,132,000 | 546,503,000 | 551,681,000 | 561,644,000 |
| Total loans | 262,776,000 | 284,664,000 | 281,533,000 | 279,207,000 |
| Allowance for loan losses | 4,031,000 | 3,913,000 | 3,723,000 | 3,670,000 |
| Securities available for sale | 136,527,000 | 159,513,000 | 158,326,000 | 184,344,000 |
| Securities held to maturity | 4,563,000 | 4,539,000 | 4,514,000 | 4,489,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 493,452,000 | 490,281,000 | 496,191,000 | 505,206,000 |
| Interest-bearing deposits | 366,483,000 | 365,331,000 | 373,813,000 | 379,469,000 |
| Noninterest-bearing deposits | 126,969,000 | 124,950,000 | 122,378,000 | 125,737,000 |
| Equity capital | 47,670,000 | 47,781,000 | 47,931,000 | 48,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,875,000 | 12,181,000 | 17,845,000 | 22,875,000 |
| Interest expense | 326,000 | 661,000 | 1,010,000 | 1,357,000 |
| Net interest income | 5,549,000 | 11,520,000 | 16,835,000 | 21,518,000 |
| Noninterest income | 1,552,000 | 3,430,000 | 5,628,000 | 7,351,000 |
| Noninterest expense | 7,810,000 | 16,608,000 | 23,956,000 | 30,545,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 165,000 |
| Pretax income | -709,000 | -1,437,000 | -1,258,000 | -1,225,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -709,000 | -1,437,000 | -1,258,000 | -1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,182,000 | 44,724,000 | 44,740,000 | 45,847,000 |
| Total capital | 49,213,000 | 48,637,000 | 48,463,000 | 49,517,000 |
| Risk-weighted assets | 323,410,000 | 346,979,000 | 347,051,000 | 359,896,000 |