Call reports 2019
PRIMESOUTH BANK — 2019
What PRIMESOUTH BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Total assets | 253,226,000 | 246,679,000 |
| Total loans | 178,639,000 | 172,353,000 |
| Allowance for loan losses | 2,146,000 | 2,119,000 |
| Securities available for sale | 30,589,000 | 31,832,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 220,446,000 | 212,845,000 |
| Interest-bearing deposits | 187,976,000 | 180,256,000 |
| Noninterest-bearing deposits | 32,471,000 | 32,590,000 |
| Equity capital | 25,413,000 | 26,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Interest income | 2,896,000 | 5,807,000 |
| Interest expense | 724,000 | 1,477,000 |
| Net interest income | 2,172,000 | 4,330,000 |
| Noninterest income | 268,000 | 508,000 |
| Noninterest expense | 1,176,000 | 2,446,000 |
| Provision for loan losses | 376,000 | 776,000 |
| Pretax income | 882,000 | 1,610,000 |
| Income tax | 204,000 | 316,000 |
| Net income | 678,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Tier 1 capital | 25,737,000 | 26,163,000 |
| Total capital | 27,883,000 | 28,282,000 |
| Risk-weighted assets | 210,761,000 | 207,714,000 |