Call reports 2007
SOUTH CENTRAL BANK, INC. — 2007
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 293,558,000 | 292,390,000 | 297,990,000 | 296,275,000 |
| Total loans | 218,349,000 | 227,164,000 | 228,212,000 | 235,102,000 |
| Allowance for loan losses | 2,610,000 | 2,717,000 | 2,728,000 | 2,708,000 |
| Securities available for sale | 25,840,000 | 29,356,000 | 28,381,000 | 27,451,000 |
| Securities held to maturity | 202,000 | 202,000 | 202,000 | 196,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,224,000 | 235,766,000 | 240,520,000 | 242,477,000 |
| Interest-bearing deposits | 203,813,000 | 204,485,000 | 209,718,000 | 208,750,000 |
| Noninterest-bearing deposits | 32,411,000 | 31,281,000 | 30,802,000 | 33,727,000 |
| Equity capital | 30,275,000 | 30,613,000 | 31,326,000 | 30,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,948,000 | 10,085,000 | 15,219,000 | 20,319,000 |
| Interest expense | 2,225,000 | 4,584,000 | 7,053,000 | 9,497,000 |
| Net interest income | 2,723,000 | 5,501,000 | 8,166,000 | 10,822,000 |
| Noninterest income | 839,000 | 1,765,000 | 2,859,000 | 3,917,000 |
| Noninterest expense | 2,153,000 | 4,431,000 | 6,828,000 | 9,158,000 |
| Provision for loan losses | 263,000 | 671,000 | 852,000 | 1,031,000 |
| Pretax income | 1,146,000 | 2,164,000 | 3,345,000 | 4,550,000 |
| Income tax | 401,000 | 757,000 | 1,170,000 | 1,593,000 |
| Net income | 745,000 | 1,407,000 | 2,175,000 | 2,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,426,000 | 30,912,000 | 31,444,000 | 30,209,000 |
| Total capital | 33,036,000 | 33,602,000 | 34,172,000 | 32,985,000 |
| Risk-weighted assets | 214,386,000 | 215,178,000 | 221,247,000 | 226,998,000 |