Call reports 2008
SOUTHSTATE BANK, N.A. — 2008
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 408,528,000 | 428,611,000 | 428,779,000 | 524,268,000 |
| Total loans | 270,644,000 | 283,059,000 | 291,158,000 | 306,534,000 |
| Allowance for loan losses | 3,162,000 | 3,333,000 | 3,528,000 | 3,613,000 |
| Securities available for sale | 96,240,000 | 92,546,000 | 77,257,000 | 132,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,049,000 | 330,663,000 | 326,225,000 | 354,945,000 |
| Interest-bearing deposits | 244,958,000 | 261,715,000 | 264,185,000 | 294,163,000 |
| Noninterest-bearing deposits | 75,091,000 | 68,948,000 | 62,040,000 | 60,782,000 |
| Equity capital | 39,971,000 | 39,066,000 | 39,405,000 | 47,079,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,853,000 | 11,413,000 | 17,056,000 | 22,885,000 |
| Interest expense | 2,165,000 | 3,935,000 | 5,744,000 | 7,585,000 |
| Net interest income | 3,688,000 | 7,478,000 | 11,312,000 | 15,300,000 |
| Noninterest income | 738,000 | 1,337,000 | 1,900,000 | 3,870,000 |
| Noninterest expense | 3,119,000 | 6,198,000 | 9,208,000 | 13,500,000 |
| Provision for loan losses | 305,000 | 915,000 | 1,503,000 | 2,035,000 |
| Pretax income | 1,008,000 | 1,708,000 | 2,685,000 | 4,246,000 |
| Income tax | 309,000 | 513,000 | 776,000 | 1,268,000 |
| Net income | 699,000 | 1,195,000 | 1,909,000 | 2,978,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,761,000 | 34,274,000 | 35,005,000 | 41,093,000 |
| Total capital | 36,923,000 | 37,607,000 | 38,533,000 | 44,706,000 |
| Risk-weighted assets | 281,080,000 | 293,781,000 | 302,320,000 | 325,023,000 |