Call reports 2017
SOUTH CENTRAL STATE BANK — 2017
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 118,755,000 | 125,262,000 | 123,183,000 | 130,457,000 |
| Total loans | 74,196,000 | 81,650,000 | 86,176,000 | 94,599,000 |
| Allowance for loan losses | 907,000 | 914,000 | 921,000 | 928,000 |
| Securities available for sale | 28,084,000 | 27,466,000 | 23,014,000 | 22,322,000 |
| Securities held to maturity | 1,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,308,000 | 105,447,000 | 103,311,000 | 109,824,000 |
| Interest-bearing deposits | 76,949,000 | 82,798,000 | 80,802,000 | 86,605,000 |
| Noninterest-bearing deposits | 24,359,000 | 22,649,000 | 22,509,000 | 23,218,000 |
| Equity capital | 13,784,000 | 14,230,000 | 14,252,000 | 14,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,094,000 | 2,221,000 | 3,380,000 | 4,582,000 |
| Interest expense | 125,000 | 273,000 | 434,000 | 599,000 |
| Net interest income | 969,000 | 1,948,000 | 2,946,000 | 3,983,000 |
| Noninterest income | 93,000 | 193,000 | 298,000 | 400,000 |
| Noninterest expense | 686,000 | 1,382,000 | 2,095,000 | 2,868,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 507,000 | 1,010,000 | 1,693,000 | 2,056,000 |
| Income tax | 126,000 | 252,000 | 431,000 | 348,000 |
| Net income | 381,000 | 758,000 | 1,262,000 | 1,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,143,000 | 13,522,000 | 14,025,000 | 14,221,000 |
| Total capital | 14,050,000 | 14,436,000 | 14,946,000 | 15,149,000 |
| Risk-weighted assets | 99,696,000 | 106,265,000 | 105,653,000 | 115,014,000 |