Call reports 2006
SOUTH CENTRAL BANK, INC. — 2006
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 271,893,000 | 272,063,000 | 271,698,000 | 281,195,000 |
| Total loans | 214,003,000 | 216,522,000 | 209,337,000 | 217,348,000 |
| Allowance for loan losses | 2,646,000 | 2,572,000 | 2,491,000 | 2,596,000 |
| Securities available for sale | 29,576,000 | 25,821,000 | 30,482,000 | 25,958,000 |
| Securities held to maturity | 514,000 | 514,000 | 514,000 | 513,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,363,000 | 217,310,000 | 214,568,000 | 222,788,000 |
| Interest-bearing deposits | 184,989,000 | 182,327,000 | 183,413,000 | 191,301,000 |
| Noninterest-bearing deposits | 30,374,000 | 34,983,000 | 31,155,000 | 31,487,000 |
| Equity capital | 28,051,000 | 28,351,000 | 29,185,000 | 29,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,300,000 | 8,724,000 | 13,381,000 | 18,160,000 |
| Interest expense | 1,749,000 | 3,598,000 | 5,548,000 | 7,636,000 |
| Net interest income | 2,551,000 | 5,126,000 | 7,833,000 | 10,524,000 |
| Noninterest income | 764,000 | 1,557,000 | 2,459,000 | 3,358,000 |
| Noninterest expense | 2,069,000 | 4,179,000 | 6,284,000 | 8,451,000 |
| Provision for loan losses | 128,000 | 491,000 | 709,000 | 1,144,000 |
| Pretax income | 1,118,000 | 2,013,000 | 3,299,000 | 4,287,000 |
| Income tax | 384,000 | 718,000 | 1,156,000 | 1,517,000 |
| Net income | 734,000 | 1,295,000 | 2,143,000 | 2,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,469,000 | 28,830,000 | 29,478,000 | 29,903,000 |
| Total capital | 31,073,000 | 31,402,000 | 31,969,000 | 32,499,000 |
| Risk-weighted assets | 208,294,000 | 206,515,000 | 204,309,000 | 210,479,000 |