Call reports 2014
SOUTHSTATE BANK, N.A. — 2014
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 2,999,538,000 | 3,888,623,000 | 3,628,030,000 | 3,765,711,000 |
| Total loans | 1,816,376,000 | 2,397,511,000 | 2,436,545,000 | 2,430,673,000 |
| Allowance for loan losses | 19,915,000 | 19,192,000 | 19,833,000 | 19,889,000 |
| Securities available for sale | 617,143,000 | 542,164,000 | 535,768,000 | 517,457,000 |
| Securities held to maturity | 0 | 0 | 5,372,000 | 237,362,000 |
| Trading assets | 0 | 89,000 | 656,000 | 3,421,000 |
| Total deposits | 2,561,132,000 | 3,307,445,000 | 3,066,619,000 | 3,094,854,000 |
| Interest-bearing deposits | 1,719,940,000 | 2,266,612,000 | 2,023,146,000 | 2,043,166,000 |
| Noninterest-bearing deposits | 841,192,000 | 1,040,833,000 | 1,043,473,000 | 1,051,688,000 |
| Equity capital | 323,288,000 | 426,703,000 | 430,490,000 | 441,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 30,021,000 | 63,248,000 | 100,874,000 | 139,128,000 |
| Interest expense | 1,366,000 | 2,950,000 | 4,806,000 | 6,414,000 |
| Net interest income | 28,655,000 | 60,298,000 | 96,068,000 | 132,714,000 |
| Noninterest income | 4,439,000 | 9,389,000 | 15,358,000 | 19,725,000 |
| Noninterest expense | 30,477,000 | 64,518,000 | 98,846,000 | 127,103,000 |
| Provision for loan losses | -56,000 | -147,000 | 807,000 | 825,000 |
| Pretax income | 2,673,000 | 5,362,000 | 11,819,000 | 24,557,000 |
| Income tax | 950,000 | 1,907,000 | 4,069,000 | 8,789,000 |
| Net income | 1,723,000 | 3,455,000 | 7,750,000 | 15,768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 240,291,000 | 314,461,000 | 319,767,000 | 340,389,000 |
| Total capital | 260,206,000 | 333,653,000 | 339,600,000 | 360,278,000 |
| Risk-weighted assets | 1,875,702,000 | 2,388,002,000 | 2,482,956,000 | 2,540,849,000 |