Call reports 2011
SOUTH CENTRAL BANK, INC. — 2011
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 278,057,000 | 277,842,000 | 276,977,000 | 276,250,000 |
| Total loans | 210,545,000 | 205,434,000 | 202,542,000 | 203,691,000 |
| Allowance for loan losses | 3,241,000 | 3,230,000 | 3,643,000 | 3,118,000 |
| Securities available for sale | 24,945,000 | 23,972,000 | 24,800,000 | 36,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,277,000 | 240,351,000 | 239,632,000 | 236,478,000 |
| Interest-bearing deposits | 198,895,000 | 194,736,000 | 191,647,000 | 187,826,000 |
| Noninterest-bearing deposits | 42,382,000 | 45,615,000 | 47,985,000 | 48,652,000 |
| Equity capital | 31,312,000 | 31,832,000 | 31,786,000 | 31,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,337,000 | 6,550,000 | 9,748,000 | 12,863,000 |
| Interest expense | 828,000 | 1,568,000 | 2,271,000 | 2,894,000 |
| Net interest income | 2,509,000 | 4,982,000 | 7,477,000 | 9,969,000 |
| Noninterest income | 945,000 | 1,553,000 | 2,187,000 | 3,113,000 |
| Noninterest expense | 2,541,000 | 4,992,000 | 7,478,000 | 10,195,000 |
| Provision for loan losses | 58,000 | 187,000 | 1,010,000 | 2,233,000 |
| Pretax income | 856,000 | 1,468,000 | 1,288,000 | 776,000 |
| Income tax | 291,000 | 496,000 | 429,000 | 250,000 |
| Net income | 565,000 | 972,000 | 859,000 | 526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,823,000 | 31,257,000 | 31,148,000 | 30,527,000 |
| Total capital | 33,426,000 | 33,833,000 | 33,640,000 | 33,168,000 |
| Risk-weighted assets | 207,507,000 | 205,305,000 | 198,135,000 | 210,716,000 |