Call reports 2002
SOUTH CENTRAL STATE BANK — 2002
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 36,697,000 | 37,123,000 | 38,451,000 | 39,607,000 |
| Total loans | 23,635,000 | 23,957,000 | 24,382,000 | 22,811,000 |
| Allowance for loan losses | 230,000 | 236,000 | 242,000 | 248,000 |
| Securities available for sale | 9,370,000 | 9,922,000 | 9,406,000 | 10,903,000 |
| Securities held to maturity | 43,000 | 43,000 | 43,000 | 42,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,375,000 | 30,482,000 | 31,816,000 | 33,142,000 |
| Interest-bearing deposits | 27,105,000 | 27,377,000 | 28,242,000 | 27,747,000 |
| Noninterest-bearing deposits | 3,270,000 | 3,105,000 | 3,574,000 | 5,395,000 |
| Equity capital | 3,353,000 | 3,542,000 | 3,654,000 | 3,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 557,000 | 1,119,000 | 1,711,000 | 2,286,000 |
| Interest expense | 259,000 | 506,000 | 746,000 | 980,000 |
| Net interest income | 298,000 | 613,000 | 965,000 | 1,306,000 |
| Noninterest income | 49,000 | 94,000 | 139,000 | 190,000 |
| Noninterest expense | 240,000 | 484,000 | 758,000 | 1,050,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 101,000 | 211,000 | 328,000 | 422,000 |
| Income tax | 4,000 | 5,000 | 9,000 | 13,000 |
| Net income | 97,000 | 206,000 | 319,000 | 409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,591,000 | 2,588,000 | 2,716,000 | 2,740,000 |
| Total capital | 2,821,000 | 2,824,000 | 2,958,000 | 2,988,000 |
| Risk-weighted assets | 28,007,000 | 28,640,000 | 29,914,000 | 28,149,000 |