Call reports 2007
SOUTH CENTRAL STATE BANK — 2007
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 80,409,000 | 82,394,000 | 80,027,000 | 84,678,000 |
| Total loans | 56,452,000 | 60,460,000 | 60,916,000 | 60,759,000 |
| Allowance for loan losses | 569,000 | 605,000 | 547,000 | 467,000 |
| Securities available for sale | 14,619,000 | 11,543,000 | 9,973,000 | 9,048,000 |
| Securities held to maturity | 9,000 | 987,000 | 9,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,192,000 | 68,830,000 | 68,845,000 | 72,350,000 |
| Interest-bearing deposits | 58,950,000 | 59,842,000 | 60,331,000 | 61,832,000 |
| Noninterest-bearing deposits | 9,242,000 | 8,988,000 | 8,514,000 | 10,518,000 |
| Equity capital | 7,849,000 | 7,987,000 | 7,997,000 | 7,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,249,000 | 2,542,000 | 3,837,000 | 5,167,000 |
| Interest expense | 568,000 | 1,176,000 | 1,800,000 | 2,422,000 |
| Net interest income | 681,000 | 1,366,000 | 2,037,000 | 2,745,000 |
| Noninterest income | 87,000 | 173,000 | 247,000 | 320,000 |
| Noninterest expense | 523,000 | 1,041,000 | 1,489,000 | 1,931,000 |
| Provision for loan losses | 15,000 | 45,000 | 365,000 | 395,000 |
| Pretax income | 230,000 | 453,000 | 430,000 | 742,000 |
| Income tax | 89,000 | 174,000 | 176,000 | 291,000 |
| Net income | 141,000 | 279,000 | 254,000 | 451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,588,000 | 6,764,000 | 6,780,000 | 6,716,000 |
| Total capital | 7,157,000 | 7,369,000 | 7,327,000 | 7,183,000 |
| Risk-weighted assets | 61,932,000 | 65,314,000 | 65,826,000 | 66,029,000 |