Call reports 2023
SOUTH CENTRAL STATE BANK — 2023
What SOUTH CENTRAL STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 172,070,000 | 169,185,000 | 186,354,000 | 197,284,000 |
| Total loans | 92,832,000 | 98,261,000 | 111,041,000 | 125,171,000 |
| Allowance for loan losses | 1,149,000 | 1,149,000 | 1,148,000 | 1,148,000 |
| Securities available for sale | 62,928,000 | 61,480,000 | 60,989,000 | 58,111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,518,000 | 144,936,000 | 139,394,000 | 153,771,000 |
| Interest-bearing deposits | 113,597,000 | 110,395,000 | 106,655,000 | 121,188,000 |
| Noninterest-bearing deposits | 36,921,000 | 34,541,000 | 32,739,000 | 32,583,000 |
| Equity capital | 21,106,000 | 21,957,000 | 22,993,000 | 22,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,278,000 | 4,578,000 | 7,038,000 | 9,674,000 |
| Interest expense | 349,000 | 819,000 | 1,461,000 | 2,294,000 |
| Net interest income | 1,929,000 | 3,759,000 | 5,577,000 | 7,380,000 |
| Noninterest income | 87,000 | 192,000 | 269,000 | 379,000 |
| Noninterest expense | 797,000 | 1,760,000 | 2,880,000 | 4,021,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,251,000 | 2,239,000 | 3,026,000 | 3,820,000 |
| Income tax | 199,000 | 151,000 | -36,000 | -240,000 |
| Net income | 1,052,000 | 2,088,000 | 3,062,000 | 4,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,128,000 | 22,765,000 | 23,738,000 | 23,136,000 |
| Total capital | 23,277,000 | 23,914,000 | 24,886,000 | 24,284,000 |
| Risk-weighted assets | 146,943,000 | 150,679,000 | 167,350,000 | 172,840,000 |