Call reports 2004
SOUTH CENTRAL BANK, INC. — 2004
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 235,068,000 | 236,865,000 | 238,795,000 | 266,464,000 |
| Total loans | 183,547,000 | 186,943,000 | 188,959,000 | 205,848,000 |
| Allowance for loan losses | 2,004,000 | 2,046,000 | 2,106,000 | 2,720,000 |
| Securities available for sale | 38,684,000 | 36,026,000 | 36,276,000 | 37,761,000 |
| Securities held to maturity | 1,366,000 | 1,365,000 | 1,364,000 | 1,158,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,459,000 | 189,291,000 | 190,064,000 | 215,573,000 |
| Interest-bearing deposits | 160,575,000 | 161,524,000 | 160,856,000 | 181,088,000 |
| Noninterest-bearing deposits | 28,884,000 | 27,767,000 | 29,208,000 | 34,485,000 |
| Equity capital | 22,558,000 | 23,573,000 | 24,802,000 | 25,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,230,000 | 6,546,000 | 10,027,000 | 13,808,000 |
| Interest expense | 1,163,000 | 2,294,000 | 3,431,000 | 4,705,000 |
| Net interest income | 2,067,000 | 4,252,000 | 6,596,000 | 9,103,000 |
| Noninterest income | 633,000 | 1,457,000 | 2,149,000 | 2,880,000 |
| Noninterest expense | 1,650,000 | 3,336,000 | 5,033,000 | 6,811,000 |
| Provision for loan losses | 139,000 | 317,000 | 438,000 | 548,000 |
| Pretax income | 911,000 | 2,084,000 | 3,302,000 | 4,652,000 |
| Income tax | 319,000 | 729,000 | 1,150,000 | 1,549,000 |
| Net income | 592,000 | 1,355,000 | 2,152,000 | 3,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,127,000 | 23,890,000 | 24,694,000 | 25,598,000 |
| Total capital | 24,131,000 | 25,936,000 | 26,800,000 | 28,100,000 |
| Risk-weighted assets | 178,524,000 | 182,489,000 | 183,437,000 | 199,956,000 |