Call reports 2022
SOUTH CENTRAL STATE BANK — 2022
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 177,843,000 | 174,855,000 | 176,189,000 | 179,500,000 |
| Total loans | 83,902,000 | 83,886,000 | 93,889,000 | 100,292,000 |
| Allowance for loan losses | 1,151,000 | 1,151,000 | 1,151,000 | 1,149,000 |
| Securities available for sale | 63,877,000 | 71,912,000 | 72,951,000 | 68,630,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,886,000 | 153,492,000 | 145,431,000 | 159,048,000 |
| Interest-bearing deposits | 114,801,000 | 111,908,000 | 110,352,000 | 120,520,000 |
| Noninterest-bearing deposits | 39,085,000 | 41,584,000 | 35,079,000 | 38,528,000 |
| Equity capital | 20,105,000 | 18,988,000 | 20,007,000 | 19,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,081,000 | 2,388,000 | 4,047,000 | 6,022,000 |
| Interest expense | 76,000 | 153,000 | 298,000 | 565,000 |
| Net interest income | 1,005,000 | 2,235,000 | 3,749,000 | 5,457,000 |
| Noninterest income | 130,000 | 254,000 | 347,000 | 424,000 |
| Noninterest expense | 783,000 | 1,534,000 | 2,331,000 | 3,105,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 409,000 | 1,035,000 | 1,873,000 | 2,918,000 |
| Income tax | 27,000 | 97,000 | 270,000 | 357,000 |
| Net income | 382,000 | 938,000 | 1,603,000 | 2,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,596,000 | 19,802,000 | 20,467,000 | 21,076,000 |
| Total capital | 20,747,000 | 20,953,000 | 21,618,000 | 22,225,000 |
| Risk-weighted assets | 125,244,000 | 125,555,000 | 141,185,000 | 150,515,000 |