Call reports 2008
PRIMESOUTH BANK — 2008
What PRIMESOUTH BANK 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 | 145,637,000 | 150,030,000 | 154,538,000 | 157,731,000 |
| Total loans | 115,392,000 | 116,663,000 | 119,338,000 | 119,954,000 |
| Allowance for loan losses | 1,241,000 | 1,195,000 | 1,200,000 | 1,445,000 |
| Securities available for sale | 14,513,000 | 17,944,000 | 18,841,000 | 15,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,957,000 | 129,575,000 | 133,494,000 | 136,655,000 |
| Interest-bearing deposits | 111,347,000 | 114,223,000 | 120,095,000 | 122,227,000 |
| Noninterest-bearing deposits | 13,610,000 | 15,353,000 | 13,399,000 | 14,428,000 |
| Equity capital | 15,123,000 | 14,890,000 | 15,332,000 | 15,412,000 |
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 | 2,719,000 | 5,260,000 | 7,826,000 | 10,150,000 |
| Interest expense | 1,098,000 | 2,095,000 | 3,126,000 | 4,161,000 |
| Net interest income | 1,621,000 | 3,165,000 | 4,700,000 | 5,989,000 |
| Noninterest income | 185,000 | 418,000 | 645,000 | 868,000 |
| Noninterest expense | 656,000 | 1,384,000 | 2,058,000 | 2,946,000 |
| Provision for loan losses | 200,000 | 425,000 | 755,000 | 1,280,000 |
| Pretax income | 971,000 | 1,795,000 | 2,574,000 | 2,673,000 |
| Income tax | 47,000 | 92,000 | 110,000 | 128,000 |
| Net income | 924,000 | 1,703,000 | 2,464,000 | 2,545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,070,000 | 15,200,000 | 15,401,000 | 15,411,000 |
| Total capital | 16,311,000 | 16,395,000 | 16,601,000 | 16,856,000 |
| Risk-weighted assets | 121,821,000 | 122,448,000 | 126,283,000 | 125,833,000 |
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