Call reports 2017
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2017
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 543,784,000 | 530,697,000 | 531,832,000 | 543,003,000 |
| Total loans | 292,383,000 | 299,537,000 | 294,132,000 | 290,847,000 |
| Allowance for loan losses | 2,792,000 | 2,870,000 | 2,808,000 | 2,815,000 |
| Securities available for sale | 142,854,000 | 135,141,000 | 146,026,000 | 153,718,000 |
| Securities held to maturity | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 485,135,000 | 470,242,000 | 429,336,000 | 445,153,000 |
| Interest-bearing deposits | 366,732,000 | 362,841,000 | 336,592,000 | 344,765,000 |
| Noninterest-bearing deposits | 118,403,000 | 107,401,000 | 92,744,000 | 100,388,000 |
| Equity capital | 56,482,000 | 58,275,000 | 59,936,000 | 48,477,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,718,000 | 9,365,000 | 14,128,000 | 19,002,000 |
| Interest expense | 249,000 | 499,000 | 792,000 | 1,185,000 |
| Net interest income | 4,469,000 | 8,866,000 | 13,336,000 | 17,817,000 |
| Noninterest income | 1,419,000 | 3,000,000 | 5,913,000 | 5,769,000 |
| Noninterest expense | 4,446,000 | 8,818,000 | 13,243,000 | 17,891,000 |
| Provision for loan losses | 106,000 | 176,000 | 176,000 | 176,000 |
| Pretax income | 1,447,000 | 3,026,000 | 6,004,000 | 5,693,000 |
| Income tax | 469,000 | 1,021,000 | 2,082,000 | 5,376,000 |
| Net income | 978,000 | 2,005,000 | 3,922,000 | 317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,420,000 | 48,912,000 | 52,141,000 | 44,403,000 |
| Total capital | 50,212,000 | 51,782,000 | 54,949,000 | 47,218,000 |
| Risk-weighted assets | 354,572,000 | 359,202,000 | 360,457,000 | 363,352,000 |