Call reports 2015
SOUTH CENTRAL STATE BANK — 2015
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 113,913,000 | 113,652,000 | 119,858,000 | 124,849,000 |
| Total loans | 59,028,000 | 67,463,000 | 73,563,000 | 79,143,000 |
| Allowance for loan losses | 903,000 | 903,000 | 904,000 | 910,000 |
| Securities available for sale | 30,298,000 | 30,612,000 | 30,623,000 | 29,854,000 |
| Securities held to maturity | 2,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,944,000 | 94,556,000 | 93,179,000 | 92,890,000 |
| Interest-bearing deposits | 71,964,000 | 73,067,000 | 71,633,000 | 70,791,000 |
| Noninterest-bearing deposits | 25,981,000 | 21,489,000 | 21,546,000 | 22,099,000 |
| Equity capital | 11,991,000 | 11,883,000 | 12,094,000 | 11,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 889,000 | 1,802,000 | 2,834,000 | 3,892,000 |
| Interest expense | 85,000 | 163,000 | 245,000 | 331,000 |
| Net interest income | 804,000 | 1,639,000 | 2,589,000 | 3,561,000 |
| Noninterest income | 108,000 | 214,000 | 322,000 | 439,000 |
| Noninterest expense | 558,000 | 1,168,000 | 1,778,000 | 2,391,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 354,000 | 687,000 | 1,136,000 | 1,654,000 |
| Income tax | 95,000 | 174,000 | 282,000 | 378,000 |
| Net income | 259,000 | 513,000 | 854,000 | 1,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,345,000 | 11,399,000 | 11,740,000 | 11,862,000 |
| Total capital | 12,248,000 | 12,303,000 | 12,644,000 | 12,772,000 |
| Risk-weighted assets | 93,639,000 | 108,135,000 | 107,809,000 | 110,405,000 |