Call reports 2010
SOUTH CENTRAL STATE BANK — 2010
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 92,672,000 | 93,293,000 | 93,557,000 | 96,434,000 |
| Total loans | 60,786,000 | 62,968,000 | 70,025,000 | 70,242,000 |
| Allowance for loan losses | 612,000 | 644,000 | 661,000 | 681,000 |
| Securities available for sale | 7,187,000 | 7,200,000 | 6,288,000 | 5,486,000 |
| Securities held to maturity | 7,000 | 7,000 | 6,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,631,000 | 76,460,000 | 74,378,000 | 73,772,000 |
| Interest-bearing deposits | 62,664,000 | 63,753,000 | 62,653,000 | 59,647,000 |
| Noninterest-bearing deposits | 12,967,000 | 12,707,000 | 11,725,000 | 14,125,000 |
| Equity capital | 8,531,000 | 8,531,000 | 8,820,000 | 8,821,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,052,000 | 2,112,000 | 3,203,000 | 4,283,000 |
| Interest expense | 301,000 | 574,000 | 836,000 | 1,072,000 |
| Net interest income | 751,000 | 1,538,000 | 2,367,000 | 3,211,000 |
| Noninterest income | 109,000 | 209,000 | 348,000 | 464,000 |
| Noninterest expense | 556,000 | 1,126,000 | 1,652,000 | 2,216,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 289,000 | 591,000 | 1,018,000 | 1,399,000 |
| Income tax | 111,000 | 227,000 | 386,000 | 535,000 |
| Net income | 178,000 | 364,000 | 632,000 | 864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,503,000 | 7,529,000 | 7,837,000 | 7,909,000 |
| Total capital | 8,115,000 | 8,173,000 | 8,498,000 | 8,590,000 |
| Risk-weighted assets | 67,975,000 | 70,223,000 | 75,897,000 | 77,110,000 |