Call reports 2017
PRIMESOUTH BANK — 2017
What PRIMESOUTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 217,689,000 | 219,516,000 | 223,852,000 | 229,910,000 |
| Total loans | 145,994,000 | 155,010,000 | 165,512,000 | 169,936,000 |
| Allowance for loan losses | 1,948,000 | 1,968,000 | 2,079,000 | 2,092,000 |
| Securities available for sale | 30,695,000 | 31,772,000 | 30,357,000 | 26,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,616,000 | 190,268,000 | 189,000,000 | 195,294,000 |
| Interest-bearing deposits | 160,935,000 | 161,754,000 | 159,502,000 | 164,713,000 |
| Noninterest-bearing deposits | 28,681,000 | 28,515,000 | 29,498,000 | 30,581,000 |
| Equity capital | 21,275,000 | 22,545,000 | 22,941,000 | 22,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,233,000 | 4,550,000 | 7,025,000 | 9,567,000 |
| Interest expense | 379,000 | 772,000 | 1,172,000 | 1,608,000 |
| Net interest income | 1,854,000 | 3,778,000 | 5,853,000 | 7,959,000 |
| Noninterest income | 263,000 | 498,000 | 689,000 | 803,000 |
| Noninterest expense | 1,171,000 | 2,472,000 | 3,687,000 | 5,049,000 |
| Provision for loan losses | 196,000 | 423,000 | 550,000 | 554,000 |
| Pretax income | 750,000 | 1,381,000 | 2,305,000 | 3,153,000 |
| Income tax | 240,000 | 440,000 | 749,000 | 1,359,000 |
| Net income | 510,000 | 941,000 | 1,556,000 | 1,794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,449,000 | 22,631,000 | 23,046,000 | 23,084,000 |
| Total capital | 23,397,000 | 24,600,000 | 25,125,000 | 25,176,000 |
| Risk-weighted assets | 177,831,000 | 188,507,000 | 193,464,000 | 203,006,000 |