Call reports 2002
SOUTH CENTRAL BANK, INC. — 2002
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 195,799,000 | 204,281,000 | 210,869,000 | 220,697,000 |
| Total loans | 149,526,000 | 153,409,000 | 160,276,000 | 162,456,000 |
| Allowance for loan losses | 1,811,000 | 1,858,000 | 1,941,000 | 1,912,000 |
| Securities available for sale | 26,231,000 | 30,424,000 | 27,460,000 | 27,886,000 |
| Securities held to maturity | 1,906,000 | 1,779,000 | 1,777,000 | 1,311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,738,000 | 162,256,000 | 163,290,000 | 175,003,000 |
| Interest-bearing deposits | 138,525,000 | 140,175,000 | 141,227,000 | 151,687,000 |
| Noninterest-bearing deposits | 21,213,000 | 22,081,000 | 22,063,000 | 23,316,000 |
| Equity capital | 17,452,000 | 18,414,000 | 19,252,000 | 19,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,260,000 | 6,618,000 | 9,953,000 | 13,423,000 |
| Interest expense | 1,360,000 | 2,680,000 | 3,998,000 | 5,335,000 |
| Net interest income | 1,900,000 | 3,938,000 | 5,955,000 | 8,088,000 |
| Noninterest income | 408,000 | 1,019,000 | 1,654,000 | 2,310,000 |
| Noninterest expense | 1,408,000 | 2,911,000 | 4,394,000 | 6,141,000 |
| Provision for loan losses | 140,000 | 172,000 | 268,000 | 304,000 |
| Pretax income | 760,000 | 1,874,000 | 2,947,000 | 3,953,000 |
| Income tax | 249,000 | 622,000 | 980,000 | 1,244,000 |
| Net income | 511,000 | 1,252,000 | 1,967,000 | 2,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,390,000 | 18,025,000 | 18,659,000 | 19,494,000 |
| Total capital | 19,201,000 | 19,883,000 | 20,600,000 | 21,406,000 |
| Risk-weighted assets | 153,678,000 | 159,596,000 | 165,470,000 | 166,970,000 |