Call reports 2014
SOUTH CENTRAL STATE BANK — 2014
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 108,988,000 | 110,701,000 | 111,608,000 | 119,033,000 |
| Total loans | 67,055,000 | 70,934,000 | 71,559,000 | 77,985,000 |
| Allowance for loan losses | 905,000 | 901,000 | 902,000 | 902,000 |
| Securities available for sale | 25,132,000 | 24,055,000 | 26,189,000 | 26,340,000 |
| Securities held to maturity | 3,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,706,000 | 90,349,000 | 91,906,000 | 95,130,000 |
| Interest-bearing deposits | 69,944,000 | 70,844,000 | 69,372,000 | 72,918,000 |
| Noninterest-bearing deposits | 20,762,000 | 19,505,000 | 22,534,000 | 22,211,000 |
| Equity capital | 11,212,000 | 11,672,000 | 11,717,000 | 11,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 922,000 | 1,864,000 | 2,823,000 | 3,804,000 |
| Interest expense | 89,000 | 174,000 | 274,000 | 365,000 |
| Net interest income | 833,000 | 1,690,000 | 2,549,000 | 3,439,000 |
| Noninterest income | 114,000 | 225,000 | 350,000 | 435,000 |
| Noninterest expense | 584,000 | 1,191,000 | 1,785,000 | 2,330,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 423,000 | 877,000 | 1,270,000 | 1,776,000 |
| Income tax | 120,000 | 251,000 | 358,000 | 424,000 |
| Net income | 303,000 | 626,000 | 912,000 | 1,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,742,000 | 11,065,000 | 10,846,000 | 11,086,000 |
| Total capital | 11,647,000 | 11,966,000 | 11,748,000 | 11,988,000 |
| Risk-weighted assets | 88,593,000 | 90,161,000 | 91,976,000 | 98,874,000 |