Call reports 2021
SOUTH CENTRAL STATE BANK — 2021
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 153,793,000 | 156,525,000 | 157,858,000 | 161,394,000 |
| Total loans | 82,434,000 | 94,589,000 | 98,089,000 | 98,802,000 |
| Allowance for loan losses | 1,413,000 | 1,032,000 | 1,092,000 | 1,152,000 |
| Securities available for sale | 34,556,000 | 37,856,000 | 41,576,000 | 44,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,948,000 | 132,676,000 | 133,518,000 | 137,370,000 |
| Interest-bearing deposits | 98,017,000 | 101,903,000 | 104,682,000 | 107,224,000 |
| Noninterest-bearing deposits | 31,931,000 | 30,773,000 | 28,836,000 | 30,146,000 |
| Equity capital | 19,479,000 | 19,652,000 | 20,125,000 | 20,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,552,000 | 2,826,000 | 4,015,000 | 5,241,000 |
| Interest expense | 112,000 | 217,000 | 316,000 | 408,000 |
| Net interest income | 1,440,000 | 2,609,000 | 3,699,000 | 4,833,000 |
| Noninterest income | 100,000 | 188,000 | 300,000 | 428,000 |
| Noninterest expense | 743,000 | 1,543,000 | 2,336,000 | 3,083,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 823,000 | 1,233,000 | 1,643,000 | 2,135,000 |
| Income tax | 124,000 | 159,000 | 194,000 | 243,000 |
| Net income | 699,000 | 1,074,000 | 1,449,000 | 1,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,720,000 | 18,745,000 | 19,121,000 | 19,215,000 |
| Total capital | 20,133,000 | 19,777,000 | 20,213,000 | 20,367,000 |
| Risk-weighted assets | 126,619,000 | 122,771,000 | 141,130,000 | 137,756,000 |