Call reports 2018
SOUTH CENTRAL BANK, INC. — 2018
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,183,329,000 | 1,162,840,000 | 1,151,310,000 | 1,195,121,000 |
| Total loans | 841,260,000 | 858,719,000 | 854,348,000 | 869,623,000 |
| Allowance for loan losses | 9,504,000 | 9,645,000 | 9,986,000 | 9,740,000 |
| Securities available for sale | 203,746,000 | 200,500,000 | 197,688,000 | 196,035,000 |
| Securities held to maturity | 265,000 | 265,000 | 265,000 | 264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,025,368,000 | 996,566,000 | 994,322,000 | 1,036,323,000 |
| Interest-bearing deposits | 803,801,000 | 777,324,000 | 774,724,000 | 829,828,000 |
| Noninterest-bearing deposits | 221,567,000 | 219,242,000 | 219,598,000 | 206,495,000 |
| Equity capital | 120,360,000 | 121,010,000 | 121,336,000 | 124,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,233,000 | 22,928,000 | 35,089,000 | 47,521,000 |
| Interest expense | 1,903,000 | 3,974,000 | 6,237,000 | 8,762,000 |
| Net interest income | 9,330,000 | 18,954,000 | 28,852,000 | 38,759,000 |
| Noninterest income | 2,521,000 | 5,305,000 | 8,038,000 | 10,783,000 |
| Noninterest expense | 8,262,000 | 16,650,000 | 25,187,000 | 33,692,000 |
| Provision for loan losses | 211,000 | 460,000 | 836,000 | 1,342,000 |
| Pretax income | 3,378,000 | 7,149,000 | 10,867,000 | 14,422,000 |
| Income tax | 643,000 | 1,379,000 | 2,103,000 | 2,806,000 |
| Net income | 2,735,000 | 5,770,000 | 8,764,000 | 11,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,273,000 | 121,485,000 | 122,898,000 | 124,128,000 |
| Total capital | 129,920,000 | 131,273,000 | 133,027,000 | 134,011,000 |
| Risk-weighted assets | 899,298,000 | 900,787,000 | 908,218,000 | 896,486,000 |