Call reports 2012
SOUTH CENTRAL BANK, INC. — 2012
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 276,773,000 | 274,473,000 | 274,500,000 | 285,928,000 |
| Total loans | 196,705,000 | 192,792,000 | 189,806,000 | 182,103,000 |
| Allowance for loan losses | 3,137,000 | 3,115,000 | 3,083,000 | 2,957,000 |
| Securities available for sale | 44,165,000 | 43,921,000 | 41,109,000 | 53,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,303,000 | 237,915,000 | 237,418,000 | 245,791,000 |
| Interest-bearing deposits | 187,394,000 | 182,267,000 | 180,263,000 | 181,027,000 |
| Noninterest-bearing deposits | 52,909,000 | 55,648,000 | 57,155,000 | 64,764,000 |
| Equity capital | 31,520,000 | 31,495,000 | 31,947,000 | 31,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,055,000 | 6,058,000 | 9,008,000 | 11,860,000 |
| Interest expense | 513,000 | 958,000 | 1,356,000 | 1,699,000 |
| Net interest income | 2,542,000 | 5,100,000 | 7,652,000 | 10,161,000 |
| Noninterest income | 1,059,000 | 1,462,000 | 2,326,000 | 3,379,000 |
| Noninterest expense | 2,595,000 | 5,048,000 | 7,685,000 | 10,506,000 |
| Provision for loan losses | 267,000 | 407,000 | 457,000 | 634,000 |
| Pretax income | 741,000 | 1,109,000 | 1,842,000 | 2,406,000 |
| Income tax | 244,000 | 360,000 | 600,000 | 787,000 |
| Net income | 497,000 | 749,000 | 1,242,000 | 1,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,930,000 | 30,848,000 | 31,254,000 | 31,207,000 |
| Total capital | 33,560,000 | 33,420,000 | 33,775,000 | 33,708,000 |
| Risk-weighted assets | 209,785,000 | 205,101,000 | 200,942,000 | 199,242,000 |