Call reports 2003
SOUTH CENTRAL BANK, INC. — 2003
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 224,541,000 | 224,001,000 | 224,546,000 | 237,286,000 |
| Total loans | 163,502,000 | 170,902,000 | 174,240,000 | 179,822,000 |
| Allowance for loan losses | 1,879,000 | 1,997,000 | 2,028,000 | 1,940,000 |
| Securities available for sale | 25,073,000 | 29,793,000 | 24,787,000 | 36,181,000 |
| Securities held to maturity | 1,309,000 | 979,000 | 977,000 | 1,368,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,411,000 | 179,334,000 | 179,610,000 | 189,826,000 |
| Interest-bearing deposits | 152,957,000 | 152,886,000 | 153,613,000 | 159,980,000 |
| Noninterest-bearing deposits | 25,454,000 | 26,448,000 | 25,997,000 | 29,846,000 |
| Equity capital | 20,007,000 | 20,876,000 | 21,260,000 | 22,205,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,249,000 | 6,552,000 | 9,756,000 | 12,967,000 |
| Interest expense | 1,263,000 | 2,470,000 | 3,669,000 | 4,845,000 |
| Net interest income | 1,986,000 | 4,082,000 | 6,087,000 | 8,122,000 |
| Noninterest income | 808,000 | 1,655,000 | 2,379,000 | 3,509,000 |
| Noninterest expense | 1,618,000 | 3,198,000 | 4,863,000 | 6,607,000 |
| Provision for loan losses | 165,000 | 342,000 | 410,000 | 504,000 |
| Pretax income | 1,011,000 | 2,197,000 | 3,193,000 | 4,520,000 |
| Income tax | 337,000 | 742,000 | 1,082,000 | 1,484,000 |
| Net income | 674,000 | 1,455,000 | 2,111,000 | 3,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,711,000 | 20,454,000 | 21,239,000 | 22,051,000 |
| Total capital | 21,590,000 | 22,451,000 | 23,267,000 | 23,991,000 |
| Risk-weighted assets | 164,194,000 | 169,197,000 | 171,448,000 | 178,090,000 |