Call reports 2011
PRIMESOUTH BANK — 2011
What PRIMESOUTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 156,743,000 | 157,216,000 | 160,373,000 | 161,692,000 |
| Total loans | 112,750,000 | 113,932,000 | 115,548,000 | 116,378,000 |
| Allowance for loan losses | 2,389,000 | 2,521,000 | 2,275,000 | 2,226,000 |
| Securities available for sale | 22,764,000 | 22,530,000 | 21,822,000 | 22,330,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,861,000 | 135,842,000 | 137,668,000 | 138,619,000 |
| Interest-bearing deposits | 118,604,000 | 119,017,000 | 120,312,000 | 120,279,000 |
| Noninterest-bearing deposits | 17,258,000 | 16,825,000 | 17,356,000 | 18,340,000 |
| Equity capital | 15,170,000 | 15,557,000 | 16,690,000 | 17,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,003,000 | 4,014,000 | 6,045,000 | 8,047,000 |
| Interest expense | 542,000 | 1,061,000 | 1,559,000 | 2,058,000 |
| Net interest income | 1,461,000 | 2,953,000 | 4,486,000 | 5,989,000 |
| Noninterest income | 233,000 | 480,000 | 730,000 | 885,000 |
| Noninterest expense | 878,000 | 1,652,000 | 2,493,000 | 3,273,000 |
| Provision for loan losses | 575,000 | 1,204,000 | 2,154,000 | 2,997,000 |
| Pretax income | 236,000 | 572,000 | 564,000 | 599,000 |
| Income tax | -17,000 | 76,000 | -194,000 | -400,000 |
| Net income | 253,000 | 496,000 | 758,000 | 999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,172,000 | 15,340,000 | 16,302,000 | 17,092,000 |
| Total capital | 16,654,000 | 16,835,000 | 17,822,000 | 18,596,000 |
| Risk-weighted assets | 117,672,000 | 118,476,000 | 120,600,000 | 119,601,000 |