Call reports 2017
SOUTH CENTRAL BANK, INC. — 2017
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,116,442,000 | 1,111,237,000 | 1,116,742,000 | 1,167,122,000 |
| Total loans | 758,975,000 | 774,592,000 | 795,418,000 | 831,518,000 |
| Allowance for loan losses | 9,226,000 | 9,279,000 | 9,374,000 | 9,267,000 |
| Securities available for sale | 211,523,000 | 221,626,000 | 211,055,000 | 208,572,000 |
| Securities held to maturity | 943,000 | 943,000 | 777,000 | 277,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 970,823,000 | 957,544,000 | 961,524,000 | 1,021,733,000 |
| Interest-bearing deposits | 752,684,000 | 750,233,000 | 753,290,000 | 807,994,000 |
| Noninterest-bearing deposits | 218,139,000 | 207,311,000 | 208,234,000 | 213,739,000 |
| Equity capital | 120,480,000 | 123,334,000 | 123,409,000 | 121,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 10,443,000 | 21,305,000 | 32,364,000 | 43,870,000 |
| Interest expense | 1,169,000 | 2,568,000 | 4,063,000 | 5,685,000 |
| Net interest income | 9,274,000 | 18,737,000 | 28,301,000 | 38,185,000 |
| Noninterest income | 2,688,000 | 5,561,000 | 8,415,000 | 11,354,000 |
| Noninterest expense | 8,562,000 | 17,434,000 | 26,329,000 | 35,021,000 |
| Provision for loan losses | 230,000 | 490,000 | 739,000 | 1,309,000 |
| Pretax income | 3,188,000 | 6,392,000 | 9,666,000 | 13,227,000 |
| Income tax | 929,000 | 1,839,000 | 2,771,000 | 4,824,000 |
| Net income | 2,259,000 | 4,553,000 | 6,895,000 | 8,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,963,000 | 118,674,000 | 119,432,000 | 119,356,000 |
| Total capital | 127,242,000 | 128,006,000 | 128,776,000 | 128,702,000 |
| Risk-weighted assets | 832,787,000 | 857,925,000 | 884,773,000 | 897,644,000 |