Call reports 2018
SOUTHSTATE BANK, N.A. — 2018
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 10,358,756,000 | 10,523,619,000 | 12,261,338,000 | 12,326,862,000 |
| Total loans | 6,905,770,000 | 7,076,107,000 | 8,262,571,000 | 8,380,828,000 |
| Allowance for loan losses | 34,423,000 | 37,477,000 | 38,805,000 | 39,767,000 |
| Securities available for sale | 1,530,539,000 | 1,528,270,000 | 1,536,842,000 | 1,727,348,000 |
| Securities held to maturity | 227,966,000 | 223,839,000 | 219,850,000 | 216,833,000 |
| Trading assets | 55,981,000 | 75,294,000 | 87,946,000 | 94,212,000 |
| Total deposits | 8,115,816,000 | 8,225,185,000 | 9,480,077,000 | 9,481,764,000 |
| Interest-bearing deposits | 5,142,143,000 | 5,329,717,000 | 6,379,874,000 | 6,553,696,000 |
| Noninterest-bearing deposits | 2,973,673,000 | 2,895,468,000 | 3,100,203,000 | 2,928,067,000 |
| Equity capital | 1,550,529,000 | 1,579,111,000 | 1,949,920,000 | 1,999,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 103,777,000 | 215,075,000 | 330,584,000 | 463,654,000 |
| Interest expense | 7,281,000 | 16,427,000 | 28,424,000 | 44,135,000 |
| Net interest income | 96,496,000 | 198,648,000 | 302,160,000 | 419,519,000 |
| Noninterest income | 20,941,000 | 43,638,000 | 70,301,000 | 102,930,000 |
| Noninterest expense | 74,259,000 | 153,284,000 | 230,040,000 | 310,109,000 |
| Provision for loan losses | 1,300,000 | 4,233,000 | 6,183,000 | 8,287,000 |
| Pretax income | 41,856,000 | 84,747,000 | 136,216,000 | 204,040,000 |
| Income tax | 9,382,000 | 19,635,000 | 31,889,000 | 48,318,000 |
| Net income | 32,474,000 | 65,112,000 | 104,327,000 | 155,722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 892,990,000 | 935,503,000 | 1,099,070,000 | 1,137,315,000 |
| Total capital | 927,413,000 | 972,980,000 | 1,137,875,000 | 1,177,082,000 |
| Risk-weighted assets | 7,668,556,000 | 7,907,167,000 | 9,191,411,000 | 9,312,542,000 |