Call reports 2007
SOUTHSTATE BANK, N.A. — 2007
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 450,631,000 | 413,937,000 | 417,051,000 | 407,301,000 |
| Total loans | 246,145,000 | 252,453,000 | 261,535,000 | 264,216,000 |
| Allowance for loan losses | 2,581,000 | 2,625,000 | 2,694,000 | 2,787,000 |
| Securities available for sale | 127,506,000 | 121,595,000 | 117,099,000 | 107,713,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 364,015,000 | 326,650,000 | 341,582,000 | 331,705,000 |
| Interest-bearing deposits | 254,548,000 | 249,432,000 | 258,501,000 | 259,498,000 |
| Noninterest-bearing deposits | 109,467,000 | 77,218,000 | 83,081,000 | 72,207,000 |
| Equity capital | 35,708,000 | 35,359,000 | 37,227,000 | 38,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,225,000 | 12,504,000 | 18,894,000 | 25,105,000 |
| Interest expense | 2,438,000 | 5,054,000 | 7,899,000 | 10,505,000 |
| Net interest income | 3,787,000 | 7,450,000 | 10,995,000 | 14,600,000 |
| Noninterest income | 525,000 | 1,179,000 | 1,851,000 | 2,590,000 |
| Noninterest expense | 2,930,000 | 5,834,000 | 8,807,000 | 11,777,000 |
| Provision for loan losses | 80,000 | 160,000 | 336,000 | 784,000 |
| Pretax income | 1,302,000 | 2,635,000 | 3,703,000 | 4,631,000 |
| Income tax | 423,000 | 831,000 | 1,143,000 | 1,421,000 |
| Net income | 879,000 | 1,804,000 | 2,560,000 | 3,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,663,000 | 31,605,000 | 32,378,000 | 33,046,000 |
| Total capital | 33,244,000 | 34,230,000 | 35,072,000 | 35,833,000 |
| Risk-weighted assets | 271,908,000 | 274,049,000 | 277,789,000 | 277,372,000 |