Call reports 2015
SOUTH CENTRAL BANK, INC. — 2015
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 883,475,000 | 860,924,000 | 862,274,000 | 934,771,000 |
| Total loans | 529,827,000 | 545,866,000 | 558,849,000 | 570,757,000 |
| Allowance for loan losses | 8,987,000 | 7,795,000 | 7,834,000 | 8,472,000 |
| Securities available for sale | 254,004,000 | 249,818,000 | 236,048,000 | 229,933,000 |
| Securities held to maturity | 968,000 | 967,000 | 966,000 | 966,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 751,412,000 | 730,978,000 | 729,822,000 | 802,615,000 |
| Interest-bearing deposits | 586,747,000 | 562,880,000 | 556,609,000 | 614,342,000 |
| Noninterest-bearing deposits | 164,665,000 | 168,098,000 | 173,213,000 | 188,273,000 |
| Equity capital | 104,482,000 | 103,006,000 | 105,792,000 | 106,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 8,127,000 | 16,405,000 | 24,889,000 | 33,457,000 |
| Interest expense | 866,000 | 1,661,000 | 2,438,000 | 3,221,000 |
| Net interest income | 7,261,000 | 14,744,000 | 22,451,000 | 30,236,000 |
| Noninterest income | 2,287,000 | 5,005,000 | 7,657,000 | 10,007,000 |
| Noninterest expense | 7,504,000 | 15,018,000 | 22,515,000 | 29,749,000 |
| Provision for loan losses | 54,000 | 136,000 | 721,000 | 963,000 |
| Pretax income | 1,990,000 | 4,595,000 | 6,872,000 | 9,734,000 |
| Income tax | 589,000 | 1,366,000 | 2,026,000 | 2,886,000 |
| Net income | 1,401,000 | 3,229,000 | 4,846,000 | 6,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,235,000 | 104,463,000 | 105,230,000 | 106,382,000 |
| Total capital | 110,598,000 | 112,075,000 | 112,967,000 | 114,291,000 |
| Risk-weighted assets | 587,484,000 | 608,816,000 | 618,873,000 | 632,176,000 |