Call reports 2013
SOUTH CENTRAL STATE BANK — 2013
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 112,671,000 | 107,697,000 | 108,816,000 | 111,034,000 |
| Total loans | 57,996,000 | 64,510,000 | 67,121,000 | 73,178,000 |
| Allowance for loan losses | 908,000 | 908,000 | 908,000 | 908,000 |
| Securities available for sale | 28,506,000 | 28,110,000 | 28,199,000 | 22,737,000 |
| Securities held to maturity | 4,000 | 4,000 | 4,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,748,000 | 90,027,000 | 83,476,000 | 84,856,000 |
| Interest-bearing deposits | 70,205,000 | 66,892,000 | 63,615,000 | 62,721,000 |
| Noninterest-bearing deposits | 23,543,000 | 23,135,000 | 19,861,000 | 22,135,000 |
| Equity capital | 10,417,000 | 10,675,000 | 10,679,000 | 10,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 965,000 | 1,897,000 | 2,830,000 | 3,817,000 |
| Interest expense | 110,000 | 207,000 | 303,000 | 397,000 |
| Net interest income | 855,000 | 1,690,000 | 2,527,000 | 3,420,000 |
| Noninterest income | 147,000 | 283,000 | 410,000 | 508,000 |
| Noninterest expense | 573,000 | 1,195,000 | 1,799,000 | 2,418,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 512,000 | 1,041,000 | 1,556,000 | 2,202,000 |
| Income tax | 160,000 | 326,000 | 486,000 | 616,000 |
| Net income | 352,000 | 715,000 | 1,070,000 | 1,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,554,000 | 9,943,000 | 10,323,000 | 10,439,000 |
| Total capital | 10,462,000 | 10,851,000 | 11,231,000 | 11,347,000 |
| Risk-weighted assets | 79,240,000 | 83,681,000 | 81,945,000 | 90,209,000 |