Call reports 2015
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2015
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 562,355,000 | 550,239,000 | 537,811,000 | 563,984,000 |
| Total loans | 273,811,000 | 292,728,000 | 312,649,000 | 296,960,000 |
| Allowance for loan losses | 3,116,000 | 3,258,000 | 2,876,000 | 3,047,000 |
| Securities available for sale | 182,127,000 | 171,025,000 | 137,000,000 | 166,751,000 |
| Securities held to maturity | 4,464,000 | 5,939,000 | 5,913,000 | 5,888,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 502,280,000 | 494,754,000 | 485,684,000 | 511,538,000 |
| Interest-bearing deposits | 380,863,000 | 373,972,000 | 371,219,000 | 380,302,000 |
| Noninterest-bearing deposits | 121,417,000 | 120,782,000 | 114,465,000 | 131,236,000 |
| Equity capital | 48,753,000 | 48,745,000 | 49,600,000 | 49,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,749,000 | 9,726,000 | 14,725,000 | 19,542,000 |
| Interest expense | 328,000 | 638,000 | 946,000 | 1,248,000 |
| Net interest income | 4,421,000 | 9,088,000 | 13,779,000 | 18,294,000 |
| Noninterest income | 1,574,000 | 3,467,000 | 5,346,000 | 6,824,000 |
| Noninterest expense | 6,596,000 | 12,535,000 | 18,533,000 | 24,324,000 |
| Provision for loan losses | 239,000 | 439,000 | 439,000 | 589,000 |
| Pretax income | -359,000 | 156,000 | 877,000 | 929,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -359,000 | 156,000 | 877,000 | 929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,664,000 | 45,344,000 | 45,930,000 | 46,006,000 |
| Total capital | 47,780,000 | 48,602,000 | 48,806,000 | 49,053,000 |
| Risk-weighted assets | 356,252,000 | 367,834,000 | 381,617,000 | 379,209,000 |