Call reports 2007
FIRST SOUTH BANK — 2007
What FIRST SOUTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 376,302,000 | 386,912,000 | 397,182,000 | 400,637,000 |
| Total loans | 276,073,000 | 286,717,000 | 292,920,000 | 282,039,000 |
| Allowance for loan losses | 3,053,000 | 3,134,000 | 3,297,000 | 3,182,000 |
| Securities available for sale | 66,814,000 | 63,844,000 | 64,905,000 | 69,179,000 |
| Securities held to maturity | 395,000 | 165,000 | 165,000 | 165,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,645,000 | 323,876,000 | 335,660,000 | 337,233,000 |
| Interest-bearing deposits | 284,679,000 | 283,044,000 | 296,670,000 | 295,400,000 |
| Noninterest-bearing deposits | 43,966,000 | 40,832,000 | 38,990,000 | 41,833,000 |
| Equity capital | 36,620,000 | 36,542,000 | 38,173,000 | 39,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,304,000 | 12,926,000 | 19,902,000 | 26,719,000 |
| Interest expense | 2,729,000 | 5,566,000 | 8,643,000 | 11,624,000 |
| Net interest income | 3,575,000 | 7,360,000 | 11,259,000 | 15,095,000 |
| Noninterest income | 1,317,000 | 2,704,000 | 4,204,000 | 5,532,000 |
| Noninterest expense | 3,336,000 | 6,634,000 | 9,927,000 | 13,275,000 |
| Provision for loan losses | 35,000 | 206,000 | 399,000 | 699,000 |
| Pretax income | 1,521,000 | 3,224,000 | 5,137,000 | 6,657,000 |
| Income tax | 92,000 | 190,000 | 316,000 | 424,000 |
| Net income | 1,429,000 | 3,034,000 | 4,821,000 | 6,233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,771,000 | 30,126,000 | 31,094,000 | 32,118,000 |
| Total capital | 32,824,000 | 33,260,000 | 34,391,000 | 35,300,000 |
| Risk-weighted assets | 278,978,000 | 289,418,000 | 297,500,000 | 289,170,000 |
Machine access — free, no API key
Every figure shown here about FIRST SOUTH BANK — 2007 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.