Call reports 2020
SOUTHSTATE BANK, N.A. — 2020
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 18,590,797,000 | 37,721,678,000 | 37,716,248,000 | 37,669,996,000 |
| Total loans | 12,215,482,000 | 26,102,357,000 | 25,693,893,000 | 24,954,541,000 |
| Allowance for loan losses | 158,730,000 | 434,608,000 | 440,157,000 | 457,307,000 |
| Securities available for sale | 2,138,442,000 | 3,137,718,000 | 3,561,929,000 | 3,330,672,000 |
| Securities held to maturity | 195,958,000 | 0 | 0 | 955,542,000 |
| Trading assets | 840,323,000 | 966,528,000 | 931,386,000 | 813,437,000 |
| Total deposits | 14,125,981,000 | 30,005,259,000 | 30,018,277,000 | 30,730,056,000 |
| Interest-bearing deposits | 9,957,408,000 | 20,041,585,000 | 20,288,859,000 | 20,982,544,000 |
| Noninterest-bearing deposits | 4,168,573,000 | 9,963,674,000 | 9,729,418,000 | 9,747,512,000 |
| Equity capital | 2,961,145,000 | 4,567,009,000 | 4,675,865,000 | 4,794,803,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 177,551,000 | 327,682,000 | 622,948,000 | 909,164,000 |
| Interest expense | 22,170,000 | 34,630,000 | 54,536,000 | 70,590,000 |
| Net interest income | 155,381,000 | 293,052,000 | 568,412,000 | 838,574,000 |
| Noninterest income | 55,832,000 | 110,310,000 | 233,719,000 | 341,418,000 |
| Noninterest expense | 121,784,000 | 284,573,000 | 547,878,000 | 831,456,000 |
| Provision for loan losses | 44,914,000 | 173,712,000 | 181,399,000 | 199,365,000 |
| Pretax income | 44,515,000 | -54,294,000 | 73,498,000 | 149,951,000 |
| Income tax | 7,728,000 | -13,682,000 | 9,567,000 | -7,561,000 |
| Net income | 36,787,000 | -40,612,000 | 63,931,000 | 157,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,651,933,000 | 2,903,011,000 | 3,052,492,000 | 3,157,098,000 |
| Total capital | 1,724,919,000 | 3,100,252,000 | 3,270,970,000 | 3,397,463,000 |
| Risk-weighted assets | 14,653,880,000 | 26,380,870,000 | 25,545,313,000 | 25,487,334,000 |