Call reports 2019
SOUTH CENTRAL BANK, INC. — 2019
What SOUTH CENTRAL BANK, INC. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,194,269,000 | 1,176,775,000 | 1,180,569,000 | 1,275,110,000 |
| Total loans | 874,194,000 | 896,883,000 | 907,553,000 | 919,061,000 |
| Allowance for loan losses | 10,063,000 | 10,165,000 | 10,112,000 | 10,179,000 |
| Securities available for sale | 198,645,000 | 197,671,000 | 166,984,000 | 184,967,000 |
| Securities held to maturity | 252,000 | 251,000 | 251,000 | 251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,020,304,000 | 1,015,516,000 | 1,005,248,000 | 1,084,769,000 |
| Interest-bearing deposits | 801,103,000 | 797,201,000 | 785,125,000 | 863,386,000 |
| Noninterest-bearing deposits | 219,201,000 | 218,315,000 | 220,123,000 | 221,383,000 |
| Equity capital | 128,637,000 | 132,174,000 | 134,354,000 | 136,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,476,000 | 25,538,000 | 38,620,000 | 51,690,000 |
| Interest expense | 2,630,000 | 5,473,000 | 8,219,000 | 11,068,000 |
| Net interest income | 9,846,000 | 20,065,000 | 30,401,000 | 40,622,000 |
| Noninterest income | 2,622,000 | 5,426,000 | 8,750,000 | 12,256,000 |
| Noninterest expense | 8,243,000 | 17,028,000 | 26,000,000 | 35,032,000 |
| Provision for loan losses | 388,000 | 574,000 | 609,000 | 652,000 |
| Pretax income | 3,837,000 | 7,889,000 | 12,613,000 | 17,323,000 |
| Income tax | 581,000 | 1,384,000 | 2,326,000 | 3,268,000 |
| Net income | 3,256,000 | 6,505,000 | 10,287,000 | 14,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,028,000 | 127,204,000 | 129,057,000 | 130,896,000 |
| Total capital | 136,234,000 | 137,512,000 | 139,312,000 | 141,218,000 |
| Risk-weighted assets | 901,777,000 | 915,436,000 | 927,360,000 | 938,118,000 |