Call reports 2018
PRIMESOUTH BANK — 2018
What PRIMESOUTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 236,215,000 | 238,401,000 | 250,062,000 | 246,214,000 |
| Total loans | 178,426,000 | 183,062,000 | 183,663,000 | 182,737,000 |
| Allowance for loan losses | 2,184,000 | 2,263,000 | 2,128,000 | 2,315,000 |
| Securities available for sale | 26,871,000 | 26,627,000 | 26,541,000 | 27,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,299,000 | 204,834,000 | 218,594,000 | 213,898,000 |
| Interest-bearing deposits | 170,500,000 | 176,630,000 | 188,937,000 | 182,966,000 |
| Noninterest-bearing deposits | 30,799,000 | 28,204,000 | 29,658,000 | 30,932,000 |
| Equity capital | 22,894,000 | 23,450,000 | 24,060,000 | 24,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,669,000 | 5,430,000 | 8,261,000 | 11,218,000 |
| Interest expense | 500,000 | 1,054,000 | 1,679,000 | 2,369,000 |
| Net interest income | 2,169,000 | 4,376,000 | 6,582,000 | 8,849,000 |
| Noninterest income | 176,000 | 435,000 | 740,000 | 988,000 |
| Noninterest expense | 1,234,000 | 2,631,000 | 3,941,000 | 5,403,000 |
| Provision for loan losses | 200,000 | 478,000 | 757,000 | 1,008,000 |
| Pretax income | 911,000 | 1,702,000 | 2,624,000 | 3,426,000 |
| Income tax | 215,000 | 402,000 | 617,000 | 804,000 |
| Net income | 696,000 | 1,300,000 | 2,007,000 | 2,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,531,000 | 24,135,000 | 24,841,000 | 25,458,000 |
| Total capital | 25,715,000 | 26,397,000 | 26,969,000 | 27,773,000 |
| Risk-weighted assets | 213,989,000 | 217,683,000 | 216,417,000 | 214,473,000 |