Call reports 2018
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2018
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 557,562,000 | 539,242,000 | 541,943,000 | 548,923,000 |
| Total loans | 306,200,000 | 303,423,000 | 319,112,000 | 318,711,000 |
| Allowance for loan losses | 3,023,000 | 3,032,000 | 3,055,000 | 3,037,000 |
| Securities available for sale | 170,631,000 | 158,831,000 | 156,022,000 | 152,732,000 |
| Securities held to maturity | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 448,323,000 | 448,786,000 | 440,485,000 | 465,799,000 |
| Interest-bearing deposits | 350,209,000 | 348,963,000 | 349,730,000 | 356,806,000 |
| Noninterest-bearing deposits | 98,114,000 | 99,823,000 | 90,755,000 | 108,993,000 |
| Equity capital | 47,348,000 | 47,987,000 | 48,262,000 | 51,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 5,121,000 | 10,248,000 | 15,567,000 | 21,006,000 |
| Interest expense | 460,000 | 965,000 | 1,552,000 | 2,280,000 |
| Net interest income | 4,661,000 | 9,283,000 | 14,015,000 | 18,726,000 |
| Noninterest income | 1,040,000 | 1,988,000 | 3,055,000 | 4,170,000 |
| Noninterest expense | 4,519,000 | 9,000,000 | 13,532,000 | 17,690,000 |
| Provision for loan losses | 125,000 | 125,000 | 171,000 | 171,000 |
| Pretax income | 1,057,000 | 2,147,000 | 3,368,000 | 4,965,000 |
| Income tax | 212,000 | 428,000 | 699,000 | 997,000 |
| Net income | 845,000 | 1,719,000 | 2,669,000 | 3,968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,541,000 | 46,921,000 | 48,174,000 | 49,724,000 |
| Total capital | 48,564,000 | 49,953,000 | 51,229,000 | 52,761,000 |
| Risk-weighted assets | 380,285,000 | 373,541,000 | 389,695,000 | 386,605,000 |