Call reports 2020
SOUTH CENTRAL STATE BANK — 2020
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 132,320,000 | 139,594,000 | 141,543,000 | 146,368,000 |
| Total loans | 86,337,000 | 95,439,000 | 104,069,000 | 96,396,000 |
| Allowance for loan losses | 1,129,000 | 1,203,000 | 1,278,000 | 1,353,000 |
| Securities available for sale | 24,453,000 | 28,313,000 | 28,233,000 | 33,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,652,000 | 114,946,000 | 116,772,000 | 123,622,000 |
| Interest-bearing deposits | 88,110,000 | 90,413,000 | 92,002,000 | 94,784,000 |
| Noninterest-bearing deposits | 24,542,000 | 24,533,000 | 24,770,000 | 28,838,000 |
| Equity capital | 15,571,000 | 16,921,000 | 17,971,000 | 18,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,358,000 | 2,557,000 | 3,826,000 | 5,026,000 |
| Interest expense | 240,000 | 418,000 | 568,000 | 713,000 |
| Net interest income | 1,118,000 | 2,139,000 | 3,258,000 | 4,313,000 |
| Noninterest income | 66,000 | 252,000 | 341,000 | 453,000 |
| Noninterest expense | 806,000 | 1,465,000 | 2,212,000 | 2,889,000 |
| Provision for loan losses | 23,000 | 98,000 | 173,000 | 248,000 |
| Pretax income | 683,000 | 1,165,000 | 1,606,000 | 2,079,000 |
| Income tax | 53,000 | 105,000 | 151,000 | 193,000 |
| Net income | 630,000 | 1,060,000 | 1,455,000 | 1,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,165,000 | 17,394,000 | 17,789,000 | 18,044,000 |
| Total capital | 18,294,000 | 18,597,000 | 19,067,000 | 19,397,000 |
| Risk-weighted assets | 108,922,000 | 131,539,000 | 123,695,000 | 143,335,000 |