Call reports 2018
SOUTH CENTRAL STATE BANK — 2018
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 131,058,000 | 132,144,000 | 136,095,000 | 141,569,000 |
| Total loans | 85,543,000 | 93,724,000 | 98,820,000 | 103,958,000 |
| Allowance for loan losses | 935,000 | 942,000 | 952,000 | 1,017,000 |
| Securities available for sale | 27,738,000 | 27,429,000 | 27,350,000 | 24,996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,949,000 | 110,818,000 | 111,990,000 | 121,109,000 |
| Interest-bearing deposits | 87,164,000 | 89,142,000 | 90,340,000 | 96,733,000 |
| Noninterest-bearing deposits | 23,785,000 | 21,676,000 | 21,650,000 | 24,376,000 |
| Equity capital | 14,999,000 | 15,011,000 | 15,680,000 | 15,562,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,198,000 | 2,478,000 | 3,882,000 | 5,393,000 |
| Interest expense | 208,000 | 430,000 | 706,000 | 1,001,000 |
| Net interest income | 990,000 | 2,048,000 | 3,176,000 | 4,392,000 |
| Noninterest income | 30,000 | 159,000 | 261,000 | 384,000 |
| Noninterest expense | 650,000 | 1,362,000 | 2,034,000 | 2,736,000 |
| Provision for loan losses | 6,000 | 12,000 | 21,000 | 86,000 |
| Pretax income | 357,000 | 848,000 | 1,399,000 | 2,102,000 |
| Income tax | 37,000 | 115,000 | 191,000 | 313,000 |
| Net income | 320,000 | 733,000 | 1,208,000 | 1,789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,541,000 | 14,754,000 | 15,228,000 | 15,410,000 |
| Total capital | 15,476,000 | 15,697,000 | 16,180,000 | 16,427,000 |
| Risk-weighted assets | 113,116,000 | 120,069,000 | 123,864,000 | 126,857,000 |