Call reports 2009
SOUTH CENTRAL BANK, INC. — 2009
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 291,713,000 | 289,453,000 | 287,221,000 | 296,902,000 |
| Total loans | 244,305,000 | 236,707,000 | 242,914,000 | 239,197,000 |
| Allowance for loan losses | 3,105,000 | 3,104,000 | 3,091,000 | 3,707,000 |
| Securities available for sale | 18,536,000 | 17,650,000 | 15,587,000 | 18,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,752,000 | 243,190,000 | 241,221,000 | 251,903,000 |
| Interest-bearing deposits | 204,964,000 | 200,941,000 | 200,584,000 | 205,361,000 |
| Noninterest-bearing deposits | 38,788,000 | 42,249,000 | 40,637,000 | 46,542,000 |
| Equity capital | 31,399,000 | 31,648,000 | 31,663,000 | 31,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,083,000 | 8,021,000 | 12,133,000 | 16,378,000 |
| Interest expense | 1,554,000 | 3,020,000 | 4,443,000 | 5,799,000 |
| Net interest income | 2,529,000 | 5,001,000 | 7,690,000 | 10,579,000 |
| Noninterest income | 1,071,000 | 2,710,000 | 3,544,000 | 4,757,000 |
| Noninterest expense | 2,273,000 | 4,842,000 | 7,195,000 | 10,017,000 |
| Provision for loan losses | 452,000 | 653,000 | 1,017,000 | 2,310,000 |
| Pretax income | 875,000 | 2,216,000 | 3,022,000 | 3,009,000 |
| Income tax | 300,000 | 759,000 | 1,035,000 | 1,027,000 |
| Net income | 575,000 | 1,457,000 | 1,987,000 | 1,982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,842,000 | 31,057,000 | 31,049,000 | 30,797,000 |
| Total capital | 33,817,000 | 33,846,000 | 33,937,000 | 33,625,000 |
| Risk-weighted assets | 237,784,000 | 232,890,000 | 230,753,000 | 229,282,000 |