Call reports 2002
SOUTHSTATE BANK, N.A. — 2002
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 96,660,000 | 99,133,000 | 103,590,000 | 114,011,000 |
| Total loans | 55,993,000 | 59,699,000 | 61,335,000 | 63,337,000 |
| Allowance for loan losses | 763,000 | 793,000 | 808,000 | 808,000 |
| Securities available for sale | 19,463,000 | 16,241,000 | 13,520,000 | 23,797,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,751,000 | 89,534,000 | 94,034,000 | 101,417,000 |
| Interest-bearing deposits | 68,036,000 | 66,683,000 | 68,509,000 | 76,108,000 |
| Noninterest-bearing deposits | 19,715,000 | 22,851,000 | 25,525,000 | 25,309,000 |
| Equity capital | 8,219,000 | 8,351,000 | 8,484,000 | 8,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,315,000 | 2,633,000 | 3,952,000 | 5,282,000 |
| Interest expense | 356,000 | 700,000 | 1,044,000 | 1,370,000 |
| Net interest income | 959,000 | 1,933,000 | 2,908,000 | 3,912,000 |
| Noninterest income | 171,000 | 342,000 | 534,000 | 754,000 |
| Noninterest expense | 832,000 | 1,658,000 | 2,499,000 | 3,268,000 |
| Provision for loan losses | 51,000 | 81,000 | 96,000 | 96,000 |
| Pretax income | 247,000 | 536,000 | 847,000 | 1,302,000 |
| Income tax | 93,000 | 201,000 | 299,000 | 470,000 |
| Net income | 154,000 | 335,000 | 548,000 | 832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,167,000 | 8,269,000 | 8,404,000 | 8,577,000 |
| Total capital | 8,849,000 | 8,984,000 | 9,133,000 | 9,321,000 |
| Risk-weighted assets | 54,490,000 | 57,276,000 | 58,255,000 | 59,481,000 |