Call reports 2001
SOUTH CENTRAL STATE BANK — 2001
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 24,610,000 | 24,104,000 | 37,677,000 | 38,590,000 |
| Total loans | 15,052,000 | 16,056,000 | 24,000,000 | 23,466,000 |
| Allowance for loan losses | 173,000 | 179,000 | 219,000 | 224,000 |
| Securities available for sale | 7,385,000 | 5,683,000 | 9,459,000 | 9,027,000 |
| Securities held to maturity | 52,000 | 52,000 | 44,000 | 43,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,214,000 | 18,912,000 | 31,208,000 | 32,368,000 |
| Interest-bearing deposits | 17,349,000 | 17,319,000 | 27,525,000 | 27,674,000 |
| Noninterest-bearing deposits | 1,865,000 | 1,593,000 | 3,683,000 | 4,694,000 |
| Equity capital | 2,039,000 | 2,097,000 | 3,537,000 | 3,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 452,000 | 893,000 | 1,370,000 | 1,950,000 |
| Interest expense | 259,000 | 502,000 | 753,000 | 1,052,000 |
| Net interest income | 193,000 | 391,000 | 617,000 | 898,000 |
| Noninterest income | 26,000 | 54,000 | 87,000 | 129,000 |
| Noninterest expense | 130,000 | 284,000 | 500,000 | 766,000 |
| Provision for loan losses | 6,000 | 12,000 | 53,000 | 59,000 |
| Pretax income | 83,000 | 149,000 | 165,000 | 216,000 |
| Income tax | 4,000 | 6,000 | 9,000 | 12,000 |
| Net income | 79,000 | 143,000 | 156,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,879,000 | 1,941,000 | 2,545,000 | 2,480,000 |
| Total capital | 2,052,000 | 2,120,000 | 2,764,000 | 2,704,000 |
| Risk-weighted assets | 16,293,000 | 17,289,000 | 26,425,000 | 26,932,000 |