Call reports 2003
SOUTHSTATE BANK, N.A. — 2003
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 123,823,000 | 125,130,000 | 130,338,000 | 136,263,000 |
| Total loans | 65,200,000 | 65,172,000 | 66,104,000 | 67,962,000 |
| Allowance for loan losses | 855,000 | 902,000 | 902,000 | 904,000 |
| Securities available for sale | 34,058,000 | 35,408,000 | 40,593,000 | 47,678,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,540,000 | 110,117,000 | 110,978,000 | 117,195,000 |
| Interest-bearing deposits | 81,384,000 | 79,308,000 | 77,956,000 | 80,020,000 |
| Noninterest-bearing deposits | 28,156,000 | 30,809,000 | 33,022,000 | 37,175,000 |
| Equity capital | 7,803,000 | 8,038,000 | 8,897,000 | 9,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,334,000 | 2,673,000 | 4,004,000 | 5,366,000 |
| Interest expense | 309,000 | 600,000 | 837,000 | 1,054,000 |
| Net interest income | 1,025,000 | 2,073,000 | 3,167,000 | 4,312,000 |
| Noninterest income | 260,000 | 513,000 | 744,000 | 980,000 |
| Noninterest expense | 875,000 | 1,739,000 | 2,633,000 | 3,528,000 |
| Provision for loan losses | 47,000 | 93,000 | 93,000 | 93,000 |
| Pretax income | 363,000 | 754,000 | 1,185,000 | 1,674,000 |
| Income tax | 136,000 | 284,000 | 441,000 | 621,000 |
| Net income | 227,000 | 470,000 | 744,000 | 1,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,707,000 | 7,860,000 | 8,827,000 | 9,135,000 |
| Total capital | 8,475,000 | 8,619,000 | 9,597,000 | 9,925,000 |
| Risk-weighted assets | 61,360,000 | 60,577,000 | 61,436,000 | 63,117,000 |