Call reports 2005
SOUTH CENTRAL BANK, INC. — 2005
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 268,740,000 | 267,636,000 | 269,366,000 | 274,955,000 |
| Total loans | 215,619,000 | 219,988,000 | 218,422,000 | 216,574,000 |
| Allowance for loan losses | 2,834,000 | 2,853,000 | 2,420,000 | 2,661,000 |
| Securities available for sale | 36,936,000 | 35,557,000 | 32,089,000 | 29,611,000 |
| Securities held to maturity | 1,042,000 | 1,041,000 | 1,041,000 | 830,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,555,000 | 209,907,000 | 208,968,000 | 209,936,000 |
| Interest-bearing deposits | 180,043,000 | 182,712,000 | 179,330,000 | 177,671,000 |
| Noninterest-bearing deposits | 31,512,000 | 27,195,000 | 29,638,000 | 32,265,000 |
| Equity capital | 25,868,000 | 26,730,000 | 27,280,000 | 27,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,853,000 | 7,895,000 | 12,001,000 | 16,239,000 |
| Interest expense | 1,297,000 | 2,729,000 | 4,232,000 | 5,888,000 |
| Net interest income | 2,556,000 | 5,166,000 | 7,769,000 | 10,351,000 |
| Noninterest income | 731,000 | 1,614,000 | 2,459,000 | 3,351,000 |
| Noninterest expense | 1,913,000 | 3,920,000 | 5,994,000 | 8,118,000 |
| Provision for loan losses | 118,000 | 222,000 | 349,000 | 998,000 |
| Pretax income | 1,256,000 | 2,638,000 | 3,926,000 | 4,627,000 |
| Income tax | 434,000 | 910,000 | 1,354,000 | 1,524,000 |
| Net income | 822,000 | 1,728,000 | 2,572,000 | 3,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,279,000 | 26,939,000 | 27,568,000 | 27,804,000 |
| Total capital | 28,870,000 | 29,548,000 | 29,988,000 | 30,415,000 |
| Risk-weighted assets | 207,060,000 | 208,499,000 | 209,880,000 | 208,844,000 |