Call reports 2016
PRIMESOUTH BANK — 2016
What PRIMESOUTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 208,183,000 | 211,424,000 | 211,653,000 | 209,822,000 |
| Total loans | 143,220,000 | 142,108,000 | 142,530,000 | 144,212,000 |
| Allowance for loan losses | 1,965,000 | 1,998,000 | 1,861,000 | 1,886,000 |
| Securities available for sale | 29,574,000 | 31,263,000 | 33,331,000 | 31,060,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,686,000 | 183,749,000 | 183,696,000 | 182,531,000 |
| Interest-bearing deposits | 157,123,000 | 160,080,000 | 158,533,000 | 155,490,000 |
| Noninterest-bearing deposits | 23,563,000 | 23,669,000 | 25,163,000 | 27,041,000 |
| Equity capital | 20,775,000 | 21,066,000 | 21,347,000 | 20,930,000 |
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 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,188,000 | 4,354,000 | 6,599,000 | 8,821,000 |
| Interest expense | 397,000 | 798,000 | 1,194,000 | 1,581,000 |
| Net interest income | 1,791,000 | 3,556,000 | 5,405,000 | 7,240,000 |
| Noninterest income | 197,000 | 471,000 | 630,000 | 865,000 |
| Noninterest expense | 1,235,000 | 2,438,000 | 3,581,000 | 4,858,000 |
| Provision for loan losses | 121,000 | 252,000 | 253,000 | 392,000 |
| Pretax income | 654,000 | 1,395,000 | 2,259,000 | 2,913,000 |
| Income tax | 217,000 | 422,000 | 701,000 | 932,000 |
| Net income | 437,000 | 973,000 | 1,558,000 | 1,981,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,621,000 | 20,905,000 | 21,191,000 | 21,290,000 |
| Total capital | 22,586,000 | 22,903,000 | 23,051,000 | 23,176,000 |
| Risk-weighted assets | 175,487,000 | 175,112,000 | 174,465,000 | 175,938,000 |