Call reports 2010
PRIMESOUTH BANK — 2010
What PRIMESOUTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 152,300,000 | 155,204,000 | 157,160,000 | 156,789,000 |
| Total loans | 114,179,000 | 112,988,000 | 112,453,000 | 112,334,000 |
| Allowance for loan losses | 1,940,000 | 1,832,000 | 2,070,000 | 2,510,000 |
| Securities available for sale | 20,832,000 | 17,975,000 | 21,323,000 | 20,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,048,000 | 134,718,000 | 136,455,000 | 136,293,000 |
| Interest-bearing deposits | 116,543,000 | 119,247,000 | 120,783,000 | 119,757,000 |
| Noninterest-bearing deposits | 15,505,000 | 15,471,000 | 15,672,000 | 16,536,000 |
| Equity capital | 14,685,000 | 14,866,000 | 15,196,000 | 14,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,014,000 | 4,021,000 | 6,080,000 | 8,080,000 |
| Interest expense | 680,000 | 1,318,000 | 1,976,000 | 2,599,000 |
| Net interest income | 1,334,000 | 2,703,000 | 4,104,000 | 5,481,000 |
| Noninterest income | 197,000 | 431,000 | 665,000 | 822,000 |
| Noninterest expense | 793,000 | 1,638,000 | 2,487,000 | 3,257,000 |
| Provision for loan losses | 403,000 | 1,056,000 | 1,532,000 | 2,387,000 |
| Pretax income | 337,000 | 451,000 | 761,000 | 670,000 |
| Income tax | 103,000 | 108,000 | 192,000 | 0 |
| Net income | 234,000 | 343,000 | 569,000 | 670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,684,000 | 14,791,000 | 15,019,000 | 15,119,000 |
| Total capital | 16,175,000 | 16,269,000 | 16,492,000 | 16,585,000 |
| Risk-weighted assets | 118,836,000 | 117,887,000 | 117,282,000 | 116,420,000 |