Call reports 2010
SOUTH CENTRAL BANK, INC. — 2010
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 296,019,000 | 285,202,000 | 281,175,000 | 278,170,000 |
| Total loans | 232,866,000 | 222,868,000 | 229,188,000 | 223,453,000 |
| Allowance for loan losses | 3,711,000 | 3,696,000 | 3,695,000 | 3,165,000 |
| Securities available for sale | 14,344,000 | 16,538,000 | 19,910,000 | 18,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,799,000 | 241,201,000 | 237,309,000 | 239,573,000 |
| Interest-bearing deposits | 204,879,000 | 195,873,000 | 195,590,000 | 196,163,000 |
| Noninterest-bearing deposits | 45,920,000 | 45,328,000 | 41,719,000 | 43,410,000 |
| Equity capital | 31,858,000 | 30,810,000 | 30,786,000 | 30,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,944,000 | 7,685,000 | 11,462,000 | 15,071,000 |
| Interest expense | 1,233,000 | 2,353,000 | 3,384,000 | 4,308,000 |
| Net interest income | 2,711,000 | 5,332,000 | 8,078,000 | 10,763,000 |
| Noninterest income | 994,000 | 1,716,000 | 2,616,000 | 3,987,000 |
| Noninterest expense | 2,324,000 | 4,640,000 | 7,120,000 | 9,547,000 |
| Provision for loan losses | 252,000 | 1,552,000 | 2,255,000 | 3,545,000 |
| Pretax income | 1,129,000 | 856,000 | 1,319,000 | 1,658,000 |
| Income tax | 387,000 | 293,000 | 452,000 | 566,000 |
| Net income | 742,000 | 563,000 | 867,000 | 1,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,233,000 | 30,173,000 | 30,207,000 | 30,298,000 |
| Total capital | 33,951,000 | 32,740,000 | 32,803,000 | 32,957,000 |
| Risk-weighted assets | 216,414,000 | 204,545,000 | 206,546,000 | 212,131,000 |