Call reports 2016
FIRST BANK OF THE SOUTH — 2016
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 83,563,000 | 80,969,000 |
| Total loans | 40,409,000 | 38,472,000 |
| Allowance for loan losses | 314,000 | 432,000 |
| Securities available for sale | 25,027,000 | 26,821,000 |
| Securities held to maturity | 1,678,000 | 1,612,000 |
| Trading assets | 0 | 0 |
| Total deposits | 74,629,000 | 73,642,000 |
| Interest-bearing deposits | 51,830,000 | 49,587,000 |
| Noninterest-bearing deposits | 22,799,000 | 24,055,000 |
| Equity capital | 7,835,000 | 6,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Interest income | 697,000 | 1,353,000 |
| Interest expense | 58,000 | 113,000 |
| Net interest income | 639,000 | 1,240,000 |
| Noninterest income | 103,000 | 278,000 |
| Noninterest expense | 746,000 | 3,466,000 |
| Provision for loan losses | 0 | 114,000 |
| Pretax income | -4,000 | -2,062,000 |
| Income tax | 0 | -816,000 |
| Net income | -4,000 | -1,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 7,722,000 | 6,479,000 |
| Total capital | 8,036,000 | 6,911,000 |
| Risk-weighted assets | 45,227,000 | 43,483,000 |