Call reports 2006
FIRST SOUTH BANK — 2006
What FIRST SOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 352,323,000 | 374,952,000 | 370,766,000 | 377,295,000 |
| Total loans | 260,533,000 | 273,188,000 | 272,635,000 | 260,520,000 |
| Allowance for loan losses | 3,144,000 | 3,247,000 | 3,038,000 | 3,016,000 |
| Securities available for sale | 61,561,000 | 64,691,000 | 64,405,000 | 65,987,000 |
| Securities held to maturity | 832,000 | 541,000 | 541,000 | 396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,407,000 | 329,910,000 | 319,449,000 | 330,460,000 |
| Interest-bearing deposits | 273,382,000 | 283,092,000 | 279,767,000 | 288,023,000 |
| Noninterest-bearing deposits | 41,025,000 | 46,818,000 | 39,682,000 | 42,437,000 |
| Equity capital | 32,595,000 | 32,370,000 | 34,168,000 | 35,621,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,623,000 | 11,595,000 | 18,075,000 | 24,398,000 |
| Interest expense | 1,980,000 | 4,272,000 | 6,950,000 | 9,732,000 |
| Net interest income | 3,643,000 | 7,323,000 | 11,125,000 | 14,666,000 |
| Noninterest income | 1,275,000 | 2,665,000 | 4,161,000 | 5,467,000 |
| Noninterest expense | 3,176,000 | 6,357,000 | 9,614,000 | 12,837,000 |
| Provision for loan losses | 89,000 | 211,000 | 324,000 | 361,000 |
| Pretax income | 1,653,000 | 3,422,000 | 5,312,000 | 6,899,000 |
| Income tax | 109,000 | 231,000 | 350,000 | 354,000 |
| Net income | 1,544,000 | 3,191,000 | 4,962,000 | 6,545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,518,000 | 26,719,000 | 27,693,000 | 28,872,000 |
| Total capital | 29,662,000 | 29,966,000 | 30,731,000 | 31,888,000 |
| Risk-weighted assets | 259,782,000 | 274,314,000 | 273,689,000 | 266,757,000 |
Machine access — free, no API key
Every figure shown here about FIRST SOUTH BANK — 2006 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.