Call reports 2016
SOUTH STATE BANK — 2016
What SOUTH STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 8,675,037,000 | 8,719,505,000 | 8,794,031,000 | 8,896,533,000 |
| Total loans | 6,203,153,000 | 6,470,274,000 | 6,586,842,000 | 6,734,253,000 |
| Allowance for loan losses | 38,993,000 | 40,691,000 | 40,722,000 | 40,355,000 |
| Securities available for sale | 976,344,000 | 987,919,000 | 923,619,000 | 997,549,000 |
| Securities held to maturity | 7,920,000 | 7,921,000 | 6,851,000 | 6,094,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,182,160,000 | 7,188,664,000 | 7,272,708,000 | 7,361,637,000 |
| Interest-bearing deposits | 5,141,316,000 | 5,046,680,000 | 5,071,251,000 | 5,135,377,000 |
| Noninterest-bearing deposits | 2,040,844,000 | 2,141,984,000 | 2,201,457,000 | 2,226,260,000 |
| Equity capital | 1,112,168,000 | 1,130,404,000 | 1,149,817,000 | 1,161,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 83,787,000 | 167,146,000 | 250,407,000 | 333,071,000 |
| Interest expense | 1,754,000 | 3,269,000 | 4,827,000 | 6,415,000 |
| Net interest income | 82,033,000 | 163,877,000 | 245,580,000 | 326,656,000 |
| Noninterest income | 31,060,000 | 65,046,000 | 101,024,000 | 135,171,000 |
| Noninterest expense | 71,438,000 | 145,365,000 | 217,466,000 | 288,497,000 |
| Provision for loan losses | 2,557,000 | 5,285,000 | 6,198,000 | 6,820,000 |
| Pretax income | 39,098,000 | 78,273,000 | 122,940,000 | 166,510,000 |
| Income tax | 13,254,000 | 26,433,000 | 41,554,000 | 57,030,000 |
| Net income | 25,844,000 | 51,840,000 | 81,386,000 | 109,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 749,214,000 | 766,183,000 | 790,497,000 | 815,823,000 |
| Total capital | 788,417,000 | 807,084,000 | 831,429,000 | 856,388,000 |
| Risk-weighted assets | 6,228,093,000 | 6,594,571,000 | 6,663,263,000 | 6,763,487,000 |