Call reports 2009
SOUTH CENTRAL STATE BANK — 2009
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 84,774,000 | 87,252,000 | 89,466,000 | 91,841,000 |
| Total loans | 55,625,000 | 62,057,000 | 65,858,000 | 66,601,000 |
| Allowance for loan losses | 533,000 | 541,000 | 565,000 | 587,000 |
| Securities available for sale | 8,463,000 | 7,648,000 | 7,183,000 | 7,178,000 |
| Securities held to maturity | 7,000 | 7,000 | 7,000 | 7,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,417,000 | 71,820,000 | 71,130,000 | 74,200,000 |
| Interest-bearing deposits | 59,123,000 | 60,456,000 | 60,699,000 | 60,696,000 |
| Noninterest-bearing deposits | 11,294,000 | 11,364,000 | 10,430,000 | 13,504,000 |
| Equity capital | 8,109,000 | 8,198,000 | 8,457,000 | 8,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,017,000 | 2,084,000 | 3,195,000 | 4,306,000 |
| Interest expense | 358,000 | 714,000 | 1,065,000 | 1,399,000 |
| Net interest income | 659,000 | 1,370,000 | 2,130,000 | 2,907,000 |
| Noninterest income | 168,000 | 257,000 | 359,000 | 453,000 |
| Noninterest expense | 551,000 | 1,103,000 | 1,632,000 | 2,163,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 261,000 | 494,000 | 812,000 | 1,137,000 |
| Income tax | 111,000 | 202,000 | 323,000 | 434,000 |
| Net income | 150,000 | 292,000 | 489,000 | 703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,912,000 | 7,095,000 | 7,333,000 | 7,285,000 |
| Total capital | 7,445,000 | 7,636,000 | 7,898,000 | 7,872,000 |
| Risk-weighted assets | 60,925,000 | 68,440,000 | 71,254,000 | 72,693,000 |