Call reports 2013
SOUTH CENTRAL BANK, INC. — 2013
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 284,622,000 | 274,994,000 | 267,646,000 | 273,148,000 |
| Total loans | 183,222,000 | 182,854,000 | 178,551,000 | 179,028,000 |
| Allowance for loan losses | 2,957,000 | 3,130,000 | 3,005,000 | 3,207,000 |
| Securities available for sale | 51,854,000 | 54,024,000 | 53,598,000 | 56,320,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,684,000 | 237,204,000 | 229,617,000 | 234,628,000 |
| Interest-bearing deposits | 184,739,000 | 177,521,000 | 170,892,000 | 171,567,000 |
| Noninterest-bearing deposits | 62,945,000 | 59,683,000 | 58,725,000 | 63,061,000 |
| Equity capital | 32,052,000 | 31,017,000 | 31,171,000 | 30,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,761,000 | 5,589,000 | 8,423,000 | 11,213,000 |
| Interest expense | 311,000 | 589,000 | 852,000 | 1,095,000 |
| Net interest income | 2,450,000 | 5,000,000 | 7,571,000 | 10,118,000 |
| Noninterest income | 952,000 | 1,896,000 | 2,823,000 | 3,724,000 |
| Noninterest expense | 2,600,000 | 5,228,000 | 7,813,000 | 10,472,000 |
| Provision for loan losses | 210,000 | 260,000 | 260,000 | 626,000 |
| Pretax income | 595,000 | 1,411,000 | 2,324,000 | 2,747,000 |
| Income tax | 193,000 | 462,000 | 765,000 | 898,000 |
| Net income | 402,000 | 949,000 | 1,559,000 | 1,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,490,000 | 31,867,000 | 32,340,000 | 32,460,000 |
| Total capital | 33,996,000 | 34,425,000 | 34,818,000 | 34,949,000 |
| Risk-weighted assets | 199,918,000 | 203,834,000 | 197,610,000 | 198,405,000 |