Call reports 2019
SOUTHCREST BANK, NATIONAL ASSOCIATION — 2019
What SOUTHCREST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 540,985,000 | 526,791,000 | 522,056,000 | 553,525,000 |
| Total loans | 315,185,000 | 315,988,000 | 331,073,000 | 334,488,000 |
| Allowance for loan losses | 2,963,000 | 3,022,000 | 3,068,000 | 3,034,000 |
| Securities available for sale | 153,353,000 | 132,713,000 | 131,424,000 | 131,396,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 453,826,000 | 432,798,000 | 431,568,000 | 465,762,000 |
| Interest-bearing deposits | 352,160,000 | 333,153,000 | 335,817,000 | 362,134,000 |
| Noninterest-bearing deposits | 101,666,000 | 99,645,000 | 95,751,000 | 103,628,000 |
| Equity capital | 54,124,000 | 57,131,000 | 53,997,000 | 55,175,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,459,000 | 10,784,000 | 16,105,000 | 21,754,000 |
| Interest expense | 746,000 | 1,504,000 | 2,162,000 | 2,841,000 |
| Net interest income | 4,713,000 | 9,280,000 | 13,943,000 | 18,913,000 |
| Noninterest income | 969,000 | 1,874,000 | 3,008,000 | 4,124,000 |
| Noninterest expense | 4,173,000 | 8,313,000 | 12,228,000 | 16,570,000 |
| Provision for loan losses | 0 | 0 | 39,000 | 39,000 |
| Pretax income | 1,509,000 | 2,880,000 | 4,754,000 | 6,498,000 |
| Income tax | 323,000 | 641,000 | 1,069,000 | 1,467,000 |
| Net income | 1,186,000 | 2,239,000 | 3,685,000 | 5,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,324,000 | 52,777,000 | 49,737,000 | 51,420,000 |
| Total capital | 54,287,000 | 55,799,000 | 52,805,000 | 54,454,000 |
| Risk-weighted assets | 382,232,000 | 380,373,000 | 390,047,000 | 382,917,000 |